546 Sackville Drive Lower Sackville, Nova Scotia B4C 2S2
$2,250,000
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. (id:40687)
Property Details
| MLS® Number | 202503280 |
| Property Type | Multi-family |
| Community Name | Lower Sackville |
| Amenities Near By | Golf Course, Park, Playground, Public Transit, Shopping |
| Community Features | Recreational Facilities |
Building
| Basement Type | None |
| Constructed Date | 1982 |
| Foundation Type | None |
| Type | Apartment |
| Utility Water | Municipal Water |
Land
| Acreage | Yes |
| Land Amenities | Golf Course, Park, Playground, Public Transit, Shopping |
| Sewer | Municipal Sewage System |
| Size Irregular | 1.0141 |
| Size Total | 1.0141 Ac |
| Size Total Text | 1.0141 Ac |
https://www.realtor.ca/real-estate/27935196/546-sackville-drive-lower-sackville-lower-sackville
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February 21 2025 03:31:52
Nova Scotia Association of REALTORS®
Red Door Realty