Description

USE OF PROPERTY IS CURRENTLY RESIDENTIAL. CURRENTLY MONTH TO MONTH LEASE. COMMERCIAL LISTING IS TO HIGHLIGHT C-2 ZONING POTENTIAL IN A HIGH TRAFFIC AREA. Set in the heart of Eastern Passage, 87 Cow Bay Road presents a commercial or development opportunity in one of the areas most active growth corridors. Zoned C2, this property invites forward-thinking investors, developers, or owner-operators to explore a wide range of potential usesfrom boutique retail or service-based ventures to multi-unit residential or mixed-use redevelopment (subject to buyer-obtained municipal approvals). Currently a single family home that rents for $2400/month in rental income, the existing structure could provide income while plans or approvals are explored for future intensification. Situated beside a 24-unit apartment building, the high-visibility location enhances the propertys commercial appeal. Enjoy proximity to beaches, walking trails, shops, schools, and local amenitiesoffering an exceptional blend of community character and development potential. Whether youre seeking a strategic hold, a live/work configuration, or a redevelopment site, this versatile parcel provides the framework to realize your next vision. (id:56844)