110/112 Portland Street, Dartmouth, NS (MLS® 202403157) Multi Family For Sale

110/112 Portland Street, Dartmouth, NS, B2Y 1H8
MLS® # 202403157


$1,600,000

110/112 Portland Street, Dartmouth, NS (MLS® 202403157): 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 commercial. 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.

Directions to 110/112 Portland Street, Dartmouth, NS (MLS® 202403157): Macdonald bridge towards Dartmouth,, Right onto Wyse road, Left onto windmill , Right onto Portland street

Listing Courtesy of: RE/MAX Nova (Halifax)


Schools

TypeName
Elementary SchoolBicentennial School
Middle SchoolBicentennial School
High SchoolDartmouth High School
Elementary School (Fr. Imm.)Shannon Park Elementary School
Middle School (Fr. Imm.)Dartmouth South Academy
High School (Fr. Imm.)Dartmouth High School

Demographics for 110/112 Portland Street, Dartmouth, NS (MLS® 202403157)

Census Year: 2016

12090570
  • Subdivision Name: Halifax
  • Population Count: 756
  • Private Dwellings Count: 556
  • Land Area: 0.16 Km2