The subject property is improved with a 6,526 square foot single level commercial building that is currently subdivided into two separate retail spaces. The Palladium Restaurant premises located on the right hand side of the building contains 4,166 square feet. The second unit on the left hand side is currently vacant and contains 2,500 square feet. The building is in fair overall condition. The site is fully paved and offers up to 54 parking spaces which presents a very healthy parking ratio of 9 per thousand to accommodate most office and retail user space requirements. Given the current zoning and large site, this property has the potential for redevelopment into a multifamily apartment or mixed use project. (id:47423)
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Detailed Information
Amenities Nearby
Public Transit, Shopping
Community Features
High Traffic Area
Listing Contract Date
2024-01-12
Location Description
From Portland Street, heading East towards Cole Harbour, continue on to Cole Harbour Road. Property will be on your right.
Municipal ID
00406680
Ownership Type
Freehold
Property Type
Retail
Transaction Type
For sale
Business
Business Type
Other, Restaurant
Business Subtype
Offices, Restaurant
Building
Amenities
Air Conditioning
Construction Material
Wood frame
Cooling Type
Heat Pump
Fire Protection
Monitored Alarm, Sprinkler System-Fire
Flooring Type
Concrete
Total Finished Area
6526 sqft
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Parking Space(s)
Paved Yard
Land
Total Size
1.5627 acres
Acreage
Yes
Amenities
Public Transit, Shopping
Size of Irregular Land
1.5627
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