- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- 202408473
- Bus Major:
- Residential Units
- Photos (27)
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Exceptional investment opportunity in sought after North End Halifax. 2719 & 2725 Agricola Street offer a lucky investor endless opportunity. A total of 4250 sq ft site area with 108 ft of street frontage. Bonus corner lot! 2719 Agricola contains a legal triplex with fixed term leases featuring 1 bachelor ($1218 monthly), 1 bdrm ($1507 mthly), & 2 bdrm unit ($1850 mthly- under market value and vacant July 1st). Tenants pay heat and power. Solid recent upgrades noted in feature package. 2725 Agricola is a 900 sq.ft. shop leased for $3950 mthly. 4-5 parking spots in rear. Excellent multi family development site opportunity. Seller has Design Proposal from Starling Architects from 2021 for mixed-use development project with ground floor commercial units & residential units on 4 upper stories (new zoning changes since that time allows for higher density). What an opportunity!
- Listing Sub-Area:
- 1-Halifax Central
- Property Type:
- Commercial
- Commercial Type:
- Other
- Major Bus Type:
- Residential Units
- Title To Land:
- Freehold
- Main Living Area:
- 2,679 sq. ft.
- Floor Area:
- 2,679 sq. ft.
- Building Dimenions:
- Irregular (Triplex) 33x29-jog (Store)
- Prop Size:
- Under 0.5 Acres
- Lot Size:
- 4,251.456 sq. ft.
- Zoning:
- COR
- Construction:
- Block, Concrete
- New Constr.:
- No
- Parking:
- Yes
- Driveway:
- Parking Spaces(s), Paved
- Garage Description:
- None
- Parking Description:
- 4-5 paved parking spaces.
- Floor Finish:
- Wood
- Roof:
- Asphalt Shingle, Other
- Heating:
- Baseboard, Furnace, Hot Water, Ductless Cooling
- Fuel:
- Electric, Oil
- Water Supply:
- Municipal
- Utilities:
- Municipal Water, Sewer
- Public Transportation, Corner Site, High Traffic Location, Public Parking
- Air Conditioning, Living Accommodations
- fridge x3, stove x3
- tenants possessions
- None
- No
- Rental Income:
- Yes
- Net Income:
- $73,609
- Gross Revenue:
- $102,300/monthly
- Total Expenses:
- $28,691
- Business Tax Payer:
- Tenant
- Property Taxes Payer:
- Owner
- Heating Payer:
- Tenant
- Hydro Payer:
- Tenant
- Water Payer:
- Owner
- Insurance Payer:
- Owner
- Structural Maintenance Payer:
- Owner
- Exterior Maintenance Payer:
- Owner
- Lease 1 - Type:
- Office
- Lease 1 - Occupant:
- Tenant
- Lease 1 - Rental Rate:
- $3,950/month
- Lease 2 - Type:
- # Residential Units
- Lease 2 - Expiration Date:
- June 2025
- Lease 2 - Occupant:
- Tenant
- Lease 2 - Rental Rate:
- $1,218/month
- Lease 3 - Type:
- # Residential Units
- Lease 3 - Expiration Date:
- June 2025
- Lease 3 - Occupant:
- Tenant
- Lease 3 - Rental Rate:
- $1,507/month
- Lease 4 - Type:
- # Residential Units
- Lease 4 - Expiration Date:
- June 2024
- Lease 4 - Rental Rate:
- $1,850/month
- Lease 4 - Occupant:
- Tenant
- Possession Info:
- June 20th or sooner.
-
What an opportunity -
108 ft of street frontage
-
4250 sq ft lot
-
2725 Agricola - Store
-
878 Sq ft
-
Leased for $3950 mthly
-
Shows beautifully
-
2719 Triplex- upper 1 bdrm
-
Fixed term lease ($1507 mthly)
-
Beautiful character
-
All tenants pay heat and power
-
457 sq ft
-
2719 Triplex main level 2 bdrm
-
Gorgeous character
-
Mostly new exterior doors
-
Will be vacant July 1
-
Currently rented for $1850
-
911 sq ft
-
Photo 19 of 27
-
2719 Triplex upper bachelor
-
433 sq ft
-
Fixed term lease $1218 monthly
-
Rear balcony and direct entry
-
Photo 24 of 27
-
4-5 car rear parking
-
Excellent development site
-
Parking off Ontario Street
Virtual Tour
Listed by Royal LePage Atlantic
Data was last updated May 8, 2024 at 11:20 PM (UTC)
Area Statistics
- Listings on market:
- 22
- Avg list price:
- $567,000
- Min list price:
- $110,000
- Max list price:
- $5,699,000
- Avg days on market:
- 80
- Min days on market:
- 1
- Max days on market:
- 328
- Avg price per sq.ft.:
- $325.5
These statistics are generated based on the current listing's property type
and located in
Halifax-Dartmouth. Average values are
derived using median calculations.
- MELANIE BESEMER
- EXIT REALTY TOWN & COUNTRY
- 1 (902) 5991852
- Contact by Email
Melanie Besemer
Exit Realty Town & Country
Office Address:
360 Main Street #23
Wolfville, NS, B4P 1C7
Images by: Blinck Fotografie & Visagie