Description
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:56844)
- ID:
- 202523020
- Category:
- Other
- Status:
- Active
- Living Area:
- 1859.0 square feet
- Lot:
- 0.2219 acres
- MLS® Number:
- 202523020
- Common Interest
- Freehold
- Parcel Number:
- 00019281
- Year Built:
- 1957
- Community Name:
- Halifax
- Days On Market:
- 125
- Other
- Harbour
- High Traffic Area
- Industrial Park
- Smoke Detectors
- Other
- Paved Yard
- Concrete Walls
- Municipal water