110/112 Portland Street, Dartmouth, (MLS® 202403156) RE/MAX nova
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110/112 Portland Street, Dartmouth

0 0 2378 sqft
$1,295,000 For Sale

Description

Introducing an Exceptional Investment Opportunity at 110 and 112 Portland Street Nestled in the heart of Downtown Dartmouth, one of the most vibrant and thriving communities in Halifax Regional Municipality (HRM), is a commercial retail building like no other. This set of properties, encompassing approximately 5,000 square feet of prime real estate in Downtown Dartmouth zoning, presents an exciting prospect for investors and entrepreneurs alike as this zoning has the most potential for development in HRM. On one side, you have a 3 unit existing structure encompassing 2 two bedroom rental units and ground floor Commercial retail space that's located on a bustling walking street that benefits from a constant stream of foot traffic, ensuring excellent visibility and exposure for your venture. Downtown Dartmouth's reputation as a hub for entrepreneurship further enhances the appeal of this location. Adjacent to the building lies a vacant lot, a blank canvas that opens up a world of development possibilities. With the existing two 2-bedroom apartment units, strategically situated above and below the commercial space, this portfolio of 3 units boast a great avenue for investors to bring in income while exploring development plans. The Zoning in this area is an as of right development and potentially will allow 20-30 units depending on unit size with ground floor commerical. With its prime location, high foot traffic, and the thriving entrepreneurial spirit of Downtown Dartmouth, this property represents an opportunity brimming with potential. Whether you aim to start or expand a business, generate rental income from the residential units, or embark on a creative development project, the possibilities here are boundless. This community welcomes and encourages growth so don’t miss your chance to be a part of the evolution of Downtown Dartmouth. Contact us today to schedule a viewing and discover the numerous ways this property can work for you.

Listing Details

Address
110/112 Portland Street, Dartmouth, B2Y 1H8

Status
ACTIVE
Listing Price
$1,295,000
MLS®
202403156
Type
n/a
Style
---
Square Footage (MLA)
1,587  ft2
Total Fin SqFt (TLA)
2,378  ft2
PID
00130179

Water
Municipal
Sewer
---
Utilities
Municipal Water

Building Specifications

Foundation Type
---
Roof
Asphalt Shingle
Exterior Finish
---
Flooring
Other
RE/MAX Commercial

Garage & Parking

Garage
N
Details
---

Inclusions & Exclusions

Inclusions
2 Fridges, 2 Stoves

Sales History

Halifax Regional Municipality Data

Zoning
D
By-Law Code: 23
By-Law Area
Regional Centre Package A
By-Law Code: RC
Polling District
Dartmouth Centre
Concillor: Sam Austin
Waste Collection
THURSDAY
Contractor: REgroup

Demographic Data

Demographic data is based on the dissemination area that contains the listing parcel . Dissemination Areas are small areas composed of one or more neighbouring dissemination blocks. All of Canada is divided into dissemination areas. Data source: Environics Analytics via ArcGIS Online, 2021

Population Size

929

Median Age

43.4

Avg Household Size

1.5

Avg House Income

$97K

The number of people for each age range.

How the population of this area is expected to change.

The highest level of education obtained by people within this area.

The maritial status of the people in this area.

The average household income within this area.

The number of people that rent versus own.

When the buildings in the area were constructed.

The number of children at home for the given age ranges.

The occupations of the people living here.

Tax Assessment

Year Amount % Change
2024 $181,200 ---
2023 $204,800 ---
2022 $189,000 ---
2021 $173,300 ---
2020 $163,800 ---
2019 $163,800 ---
2018 $157,500 ---
2017 $157,500 ---
2016 $141,800 ---
2015 $126,000 ---
2014 $89,800 ---
2013 $77,000 ---
2012 $64,100 ---

Maps

Last Updated On: 7/12/2024 7:09:02 PM (UTC)