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:29604)
| Business Type | Other |
| Business Sub Type | Other |
| MLS® Number | 202523020 |
| Property Type | Other |
| Community Name | Halifax |
| Amenities Near By | Public Transit, Shopping |
| Community Features | High Traffic Area, Industrial Park |
| View Type | Harbour |
| Constructed Date | 1957 |
| Construction Material | Concrete Walls |
| Fire Protection | Smoke Detectors |
| Flooring Type | Other |
| Total Finished Area | 1859 Sqft |
| Utility Water | Municipal Water |
| Paved Yard |
| Access Type | Rail Access |
| Acreage | No |
| Land Amenities | Public Transit, Shopping |
| Land Disposition | Cleared |
| Size Irregular | 0.2219 |
| Size Total | 0.2219 Ac |
| Size Total Text | 0.2219 Ac |
https://www.realtor.ca/real-estate/28847238/3709-barrington-street-halifax-halifax
Contact us for more information
Owen Crowe
(902) 453-5552
(902) 455-8663
www.suttonhalifax.ca/