Zoning Change in Progress Exceptional Investment Opportunity. This unique property consists of two PIDs currently zoned Harbor Related Industrial (HRI), with a letter of rationale submitted to transition both to Commercial Light Industrial (CLI). The citys principal planner has indicated that the rezoning process will be a smooth transition, opening the door to a wide range of future development opportunities. PID #00019281 is grandfathered for residential use, providing added flexibility. Two on-site billboards generate over $8,000 annually in income, offering immediate revenue. Under CLI zoning, the property has the potential to build up to 30 meters in height, creating exceptional long-term value for investors and developers. Whether youre looking for an income-generating asset today or envisioning a large-scale development tomorrow, this property offers both stability and growth potential in a prime location. Documents available upon request. (id:13843)
| MLS # | 202523019 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Year | 1957 |
| Days On Site | 59 |
| Listing Provided By | Sutton Group Professional Realty | Owen Crowe |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,863 |
| Story(s) | 1 |
| Acreage | 0.22 |
| Property View | Harbour |
| Province | NS |
|---|---|
| City | Halifax |
| Postal Code | B3K2Y3 |
| Province | NS |
|---|---|
| City | Halifax |
| Postal Code | B3K2Y3 |