Our Agents' Listings

125 Portland Street
10-Dartmouth Downtown to Burnsid Dartmouth B2Y 1H7

$1,200,000
Commercial

Main Photo: 125 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Commercial  (Halifax-Dartmouth)  : MLS®# 202321323
Photo 1: 125 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Commercial  (Halifax-Dartmouth)  : MLS®# 202321323
Photo 2: 125 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Commercial  (Halifax-Dartmouth)  : MLS®# 202321323
Photo 3: 125 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Commercial  (Halifax-Dartmouth)  : MLS®# 202321323
Photo 4: 125 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Commercial  (Halifax-Dartmouth)  : MLS®# 202321323
Photo 5: 125 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Commercial  (Halifax-Dartmouth)  : MLS®# 202321323
Photo 6: 125 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Commercial  (Halifax-Dartmouth)  : MLS®# 202321323
Photo 7: 125 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Commercial  (Halifax-Dartmouth)  : MLS®# 202321323
Photo 8: 125 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Commercial  (Halifax-Dartmouth)  : MLS®# 202321323
Photo 9: 125 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Commercial  (Halifax-Dartmouth)  : MLS®# 202321323
Photo 10: 125 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Commercial  (Halifax-Dartmouth)  : MLS®# 202321323
Photo 11: 125 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Commercial  (Halifax-Dartmouth)  : MLS®# 202321323
Photo 12: 125 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Commercial  (Halifax-Dartmouth)  : MLS®# 202321323
Photo 13: 125 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Commercial  (Halifax-Dartmouth)  : MLS®# 202321323
Photo 14: 125 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Commercial  (Halifax-Dartmouth)  : MLS®# 202321323
Photo 15: 125 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Commercial  (Halifax-Dartmouth)  : MLS®# 202321323
Photo 16: 125 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Commercial  (Halifax-Dartmouth)  : MLS®# 202321323
Photo 17: 125 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Commercial  (Halifax-Dartmouth)  : MLS®# 202321323
Photo 18: 125 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Commercial  (Halifax-Dartmouth)  : MLS®# 202321323
Photo 19: 125 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Commercial  (Halifax-Dartmouth)  : MLS®# 202321323
Photo 20: 125 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Commercial  (Halifax-Dartmouth)  : MLS®# 202321323
Status:
Pending
Prop. Type:
Commercial
MLS® Num:
202321323
Bus Major:
Other
Well, look at this rare opportunity! This downtown Dartmouth area has certainly been changing for the better in recent years. This property currently has 2 income streams even if you aren't looking at eventually being a possible key in redevelopment of neighbouring properties! Right now there are 3 attractive one bedroom apartments and also the convenience store business on the main level. Being just a couple blocks from the Dartmouth lakes, the harbour and the ferry to Halifax the rental market is strong and there is no need for driveways or yards to take care of here. Opportunity is here for the new entrepreneur to operate the store and collect $45,000 in rent a year from the apartments. The store has a long standing record with revenues of over half a million and there is also lottery income. Perhaps we should talk!
Listing Sub-Area:
10-Dartmouth Downtown to Burnsid
Property Type:
Commercial
Commercial Type:
Other
Major Bus Type:
Other, Residential Units
Title To Land:
Freehold
Year built:
1941 (Age: 83)
Age:
82
Main Living Area:
3,945 sq. ft.
Floor Area:
3,945 sq. ft.
Building Dimenions:
59.5x29.5-jog
Prop Size:
Under 0.5 Acres
Lot Size:
1,463.616 sq. ft.
Outside Dimenions:
59.5x29.5-jog
Zoning:
DD
Construction:
Concrete
Parking:
No
Driveway:
None
Parking Description:
Street Parking
# Floors:
3
Floor Finish:
Concrete, Wood, Other
Roof:
Asphalt Shingle, Rolled
Heating:
Baseboard, Furnace, Heat Pump -Ductless, Hot Water
Fuel:
Electric, Oil
Water Supply:
Municipal
Utilities:
Municipal Water
Shopping Nearby, Visual Exposure
Air Conditioning, Living Accommodations, Security System, Window Display
Appliances, except conditions on some store fridges.
Other
No
Rental Income:
Yes
Net Income:
$129,373.00
Gross Revenue:
$162,333.10 Store and Rental
Total Expenses:
$32,960.00
Business Tax Payer:
Owner
Property Taxes Payer:
Owner
Heating Payer:
Owner
Hydro Payer:
Tenant
Water Payer:
Owner
Insurance Payer:
Owner
Structural Maintenance Payer:
Owner
Exterior Maintenance Payer:
Owner
Interior Maintenance Payer:
Owner
Lease 1 - Type:
Retail
Lease 1 - Net Rental Area:
1755
Lease 1 - Occupant:
owner
Lease 2 - Type:
# Residential Units
Lease 2 - Occupant:
Tenant
Lease 2 - Rental Rate:
$1250/month
Lease 3 - Type:
# Residential Units
Lease 3 - Occupant:
Tenant
Lease 3 - Rental Rate:
$1250/month
Lease 4 - Type:
# Residential Units
Lease 4 - Rental Rate:
$1250/month
Lease 4 - Occupant:
Tenant
Possession Info:
Negotiable
Listed Date:
Oct 05, 2023
Days on Mkt:
201
  • Photo 1: 125 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Commercial  (Halifax-Dartmouth)  : MLS®# 202321323
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  • Photo 16: 125 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Commercial  (Halifax-Dartmouth)  : MLS®# 202321323
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  • Photo 17: 125 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Commercial  (Halifax-Dartmouth)  : MLS®# 202321323
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  • Photo 18: 125 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Commercial  (Halifax-Dartmouth)  : MLS®# 202321323
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  • Photo 19: 125 Portland Street in Dartmouth: 10-Dartmouth Downtown to Burnsid Commercial  (Halifax-Dartmouth)  : MLS®# 202321323
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Data was last updated April 23, 2024 at 09:20 AM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$722,450
Min list price:
$80,000
Max list price:
$5,950,000
Avg days on market:
96
Min days on market:
6
Max days on market:
313
Avg price per sq.ft.:
$180.73
These statistics are generated based on the current listing's property type and located in Halifax-Dartmouth. Average values are derived using median calculations.
Bruce Tramley