IDX / Reciprocity

3 & 5 Bruce Street
17-Woodlawn, Portland Estates, N Dartmouth B2W 1L3

$3,200,000
Commercial

Main Photo: 3 & 5 Bruce Street in Dartmouth: 17-Woodlawn, Portland Estates, N Commercial  (Halifax-Dartmouth)  : MLS®# 202408977
Photo 1: 3 & 5 Bruce Street in Dartmouth: 17-Woodlawn, Portland Estates, N Commercial  (Halifax-Dartmouth)  : MLS®# 202408977
Photo 2: 3 & 5 Bruce Street in Dartmouth: 17-Woodlawn, Portland Estates, N Commercial  (Halifax-Dartmouth)  : MLS®# 202408977
Status:
Active
Prop. Type:
Commercial
MLS® Num:
202408977
Bus Major:
Other
!!! Fully Executed Development Agreement has been approved and Available !!! Prime investment opportunity with the best location possible! Right on the corner of Woodlawn Rd and Bruce St, Dartmouth. The land is located right off Portland street after highway 111.This prime parcel of land features a commercial building and a house, both currently leased on month-to-month agreements. But the real gem lies in the future development plans: 78 residential units and commercial spaces. With approval expected by May/June 2024, this development promises a lucrative return. This project qualifies (100%) for the affordable housing program. Situated near all amenities, in an area surrounded by Senior complexes, with a bus stop at the doorstep and another on Portland Street just around the corner, it offers unparalleled accessibility. The proposed development agreement boasts 7 floors, 40 parking spots, and approximately 8500 sq/ft of commercial space on the ground floor. Don't miss this chance to secure a piece of Dartmouth's future while enjoying immediate rental income. Contact us today to seize this exceptional opportunity! Properties are sold as is. The development agreement has been approved and we are in possession of a copy.
Listing Sub-Area:
17-Woodlawn, Portland Estates, N
Property Type:
Commercial
Commercial Type:
Commercial Retail
Major Bus Type:
Other, Residential Units
Title To Land:
Freehold
Year built:
1961 (Age: 63)
Age:
63
Main Living Area:
1 sq. ft.
Floor Area:
1 sq. ft.
Prop Size:
Under 0.5 Acres
Lot Size:
18,387 sq. ft.
Zoning:
R-1 & C-3
Parking:
Yes
Driveway:
Paved
Parking Description:
Several
Floor Finish:
Other
Roof:
Asphalt Shingle
Heating:
Other
Fuel:
Other
Water Supply:
Municipal
None
No
Rental Income:
Yes
Possession Info:
NEG
  • Photo 1: 3 & 5 Bruce Street in Dartmouth: 17-Woodlawn, Portland Estates, N Commercial  (Halifax-Dartmouth)  : MLS®# 202408977
    Photo 1 of 2
  • Photo 2: 3 & 5 Bruce Street in Dartmouth: 17-Woodlawn, Portland Estates, N Commercial  (Halifax-Dartmouth)  : MLS®# 202408977
    Photo 2 of 2
Listed by Viewpoint Realty Services Inc.
Data was last updated December 23, 2024 at 07:20 AM (UTC)
Area Statistics
Listings on market:
37
Avg list price:
$349,900
Min list price:
$59,900
Max list price:
$5,499,000
Avg days on market:
77
Min days on market:
3
Max days on market:
557
Avg price per sq.ft.:
$177.08
These statistics are generated based on the current listing's property type and located in Halifax-Dartmouth. Average values are derived using median calculations.