Our Agents' Listings
125 Portland Street
10-Dartmouth Downtown to Burnsid
Dartmouth
B2Y 1H7
$1,200,000
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- 202321323
- Bus Major:
- Other
- Photos (20)
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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: 82)
- Age:
- 82
- Main Living Area:
- 3,945 sq. ft.366.502 m2
- Floor Area:
- 3,945 sq. ft.366.5 m2
- Building Dimenions:
- 59.5x29.5-jog
- Prop Size:
- Under 0.5 Acres
- Lot Size:
- 1,463.616 sq. ft.135.974 m2
- 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:
- 60
Larger map options:
Data was last updated December 4, 2023 at 11:20 AM (UTC)
Area Statistics
- Listings on market:
- 22
- Avg list price:
- $304,950
- Min list price:
- $80,000
- Max list price:
- $5,499,000
- Avg days on market:
- 134
- Min days on market:
- 7
- Max days on market:
- 318
- Avg price per sq.ft.:
- $170.27
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
- Sutton Group Professional Realty - A549
- 9028302972
- Contact by Email