172 North Street

Description

Developers & Investors - Opportunity Knocks! This 2.23-acre property offers a rare combination of income generation, development potential, and high-exposure location. Zoned C5 General Commercial, this site supports a wide array of permitted commercial uses, making it an ideal candidate for business expansion, redevelopment, or holding as a revenue-generating asset. Currently operating as a multi-unit income property, the site includes three distinct rental spaces. The main level of the house features a spacious 3-bedroom, 1-bathroom apartment complete with appliances and an attached single-car garage. On the lower level, a 2-bedroom, 1-bathroom apartment also comes fully equipped with appliances. Additionally, a large detached triple garage houses a rehouse/storage unit leased to a commercial tenant. Multiple driveways and ample parking make this property exceptionally functional. Situated along a high-traffic stretch of a key arterial road leading into Bridgewater, visibility and accessibility are outstanding. Quick access to Highway 103 enhances regional connectivity, while Halifax is just an hour away - ideal for commuting, deliveries, or drawing clientele. Whether you're a developer exploring future options, a commercial operator seeking a prominent location, or an investor looking for stable income with upside potentialthis property checks all the boxes. (id:56844)

Listing

MLS® number

202518782

Status

Active

Days On Market

463

Building

Year built

1972

Above grade

3,316 sq ft

Exterior

Concrete Walls

Features

Living Accommodation

Interior

Flooring

Other

Heating

Baseboard heaters, Electric

Land

Lot size

2.22 acres

Community

High Traffic Area

Parking

Type

Paved Yard, Parking Space(s), Gravel

Utilities

Water

Municipal water

Business

Business type

Residential

Fees and taxes

Common interest

Freehold

Parcel number

60050333

Directions

Hwy 103, Exit 12, turn left on North St to Bridgewater, property on left.