Downtown Dartmouth Redevelopment Opportunity

For Sale
Prime Redevelopment Opportunity: Over 1.60-acres in a Dynamic and Prosperous Area
By Negotiation

Description


  • Over 1.60-acre redevelopment site for sale on the cusp of Downtown Dartmouth
  • Six parcels of land, accessible via Myrtle Street and Ochterloney Street
  • Located in a growing and vibrant area 

Call all developers! Get ready to seize an exciting redevelopment opportunity perfectly positioned on the cusp of sought-after Downtown Dartmouth.  

Spread across six parcels of land, totalling over 1.63-acres, this redevelopment site is conveniently accessible via Myrtle Street and Ochterloney Street. Currently, the site is home to two commercial buildings, one mixed-use property, one industrial warehouse, and a garage, with the remaining portion of the site dedicated to surface parking. Upon acquisition, the buyer stands to benefit from existing holding income, with flexible lease terms that accommodate redevelopment. 

With residential vacancy rates in Dartmouth hitting an unprecedented low of 1%, and Dartmouth North, the neighbouring zone, experiencing the province’s lowest vacancy rates at 0.6%, now is the time to seize this redevelopment opportunity. Be part of this vibrant and thriving community by contributing to the development of much-needed residential housing. 

For access to this listing's virtual data room, please fill out the Confidentiality Agreement, and return to geof@partnersglobal.com 

Details


Listing ID:
10387
Address: 1 Devonshire Street, Devonshire Street, 145 Ochterloney Street, Ochterloney Street Block BM-X, 155 Ochterloney Street
Dartmouth, NS
Property Type:
Mixed-Use
Lot Size:
71,194 sf
Lot Size Acres:
1.63 acres
Zoning:
Downtown Dartmouth (DD)
Sale Details:
PIDs: 00128496, 40840183, 00128504, 40257859, 00128645, portion of 00128637 (parcel to be subdivided)
Existing Tenancies:
Currently, the site is home to two commercial buildings, one mixed-use property, one industrial warehouse, and a garage, with the remaining portion of the site dedicated to surface parking. Upon acquisition, the buyer stands to benefit from existing holding income, with flexible lease terms that accommodate redevelopment.

Please see flyer for more details.

44.669785365698, -63.5655243

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