$579,959
Listing currency: CA$810,000
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3709 Barrington Street Halifax, Canada B3K 2Y3
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 city's 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 you're 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.
Amenities
- Bedrooms: 0
- Full Bathrooms: 0
- Partial Bathrooms: 0
- Property Type: Residential For Sale
- Home size: 0 ft2 / 0 m2
- MLS: 19306-202523021
- Status: Active
Property brokered by
Del Mar Realty Inc.
+11 902 3662587
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