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 office premises. 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.
Corner of Sackville Drive & Leaside Drive.
Listing Sub-Area:
25-Sackville
Property Type:
Multi-Family
Multi-Family Type:
Over 12 Units
Title To Land:
Freehold
Building Dimenions:
60' x 140'
Outside Dimenions:
140' x 60'
Lot Size:
1.014 acre(s)0.41 hectare(s)
Prop Size:
0.5 to 0.99 Acres
# of Rental Units / Occupied:
0
Year built:
1982
(Age: 43)
Age:
43
# Floors:
2
Foundation:
None
Basement:
None
Floor Finish:
None
Roof:
None
Heating:
None
Fuel:
None
Parking:
Yes
Parking Description:
Approx 50 spaces
Driveway:
Paved
Water Supply:
Municipal
Sewer:
Municipal
Num Units:
97
Rental Income:
Yes
Steel sink in suite 850, tenants' possessions.
Golf Course, Park, Playground, Public Transit, Recreation Center, Shopping
Data was last updated February 22, 2025 at 03:20 AM (UTC)
Area Statistics
Listings on market:
67
Avg list price:
$1,097,900
Min list price:
$289,000
Max list price:
$7,500,000
Avg days on market:
41
Min days on market:
1
Max days on market:
729
These statistics are generated based on the current listing's property type
and located in
Halifax-Dartmouth. Average values are
derived using median calculations.