|Lot Size:||3237 sq ft|
1518 Dresden Row, Halifax (MLS® 201827034 ) This is a rare opportunity to be part of the modernization and gentrification of our beautiful city. This property, located in the bustling Spring Garden district, is both ideally situated to expand and develop, but also to reap rewards in doing so. Located directly across from Pete's Froutique on Dresden Row, close to many new developments and boasting a large city lot, the possibilities are literally endless. Either assume the ownership and continue to earn good income from the Chinese Restaurant (long term tenant), couple with two residential units currently rented out in short term rentals, or take the plunge and put on your developer's hat and make your mark in the middle of the most recently Halifax Boom! With the zoning and the size of the lot you could build 10 storey's by right, or apply to the city for extra floors with the addition of further green space and other amenities. There's a large fork in the road - you take the plunge and start construction, or be part of preserving one of downtown Halifax's few remaining 19th century properties. Move quick, this one won't last long.
Listing Courtesy of: Keller Williams Select Realty