Here is a rare opportunity to purchase a prime development site in the highly desirable and rapidly growing Hydrostone/Design District area of the city. This 8,200 square foot parcel has roughly 228 feet of frontage on Isleville St., forms the complete end of the city block running from Bilby Street to Macara Street, and it is zoned C-2 (General Business Zone). With 5 large residential building developments approved within 1 block of this location combined with many recently completed residential buildings in the area and the HRM’s push for higher density, the zoning permits maximum flexibility that allows BOTH Commercial and Residential development. 80 foot height permitted â€œas of rightâ€ provides an ideal opportunity to construct a building with roughly 65,000+ square feet of usable space. Currently comprised of three building on 4 separate PID numbers, the parcel will allow you to be creative and give you maximum flexibility and creativity. The value is entirely in the land and the ability to develop the site! There is some income while you work on your design as the house on Macara is rented and there is potential rent from a highly desirable shop space on the corner of Bilby and Isleville.
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Listing Courtesy ofFitzgerald Realty Ltd.