Brilliant opportunity to acquire a high-profile multi-tenant commercial building and second lot on Sackville Drive with outstanding visibility and ample parking. At 44,173 sf (1.01 acres) over 2 PR (Pedestrian Retail) zoned PIDs, this is a prime site for future development. Building is occupied by 9 local businesses and offers +/- 10,498 sf of leasable space configured as retail, personal services and offices. Income in place offers financial viability during planning and design phases. Opportunity exists to increase rental income in the immediate term and a newly commissioned planning brief outlines a path forward to maximize site potential via a Development Agreement or a Suburban Plan Submission. Preliminary massing under new Suburban Plan regulations indicates density potential of 97 to 147 residential units over 2 structures and 1 common podium. Transferrable Phase I ESA on file for buyers. Location is centre ice with proximity to Sackville drive amenities and transit. Act now to obtain further details on this exciting opportunity to establish a foothold in one of HRM?s fastest growing communities. (id:47423)
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Detailed Information
Amenities Nearby
Highway, Public Transit, Shopping
Community Features
High Traffic Area
Listing Contract Date
2025-02-20
Location Description
Corner of Sackville Drive & Leaside Drive.
Municipal ID
41018961
Ownership Type
Freehold
Property Type
Retail
Transaction Type
For sale
Business
Business Type
Other, Other, Personal Services, Retail and Wholesale
Business Subtype
Other, Offices, Hairdressing Salon, Shopping center
Building
Amenities
Air Conditioning
Constructed Date
1982
Construction Material
Steel frame
Cooling Type
Heat Pump
Fire Protection
Alarm system, Smoke Detectors
Flooring Type
Concrete, Wood
Total Finished Area
10498 sqft
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Parking Space(s)
Paved Yard
Visitor Parking
Land
Total Size
1.0141 acres
Access Type
Highway access
Acreage
Yes
Amenities
Highway, Public Transit, Shopping
Size of Irregular Land
1.0141
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