Main Points Of Interest
For Sale
$5,699,000
Status
Active
Sale/Lease
For Sale Only
Lease Type
Semi Gross
Assessment
$372,300 (2012)
Age
n/a
MLA
7019 sq ft
TLA
9,135 sq ft
Days Listed
77
List Date
February, 22nd, 2024
MLS®#
202403238
Prop Type
Commercial Retail
Sub Type
Other, Residential Units
Zoning
COR
Lot Size
Lot Size M
1,911 sq ft
Acres
Under 0.5 Acres
Water
Municipal

Prime opportunity to acquire four newly improved and adjacent contiguous character buildings on agricola street totaling 12 units (2 commercial spaces & 10 residential units). This package offering includes 2391-2397 featuring 5 units; 2399 agricola is a detached triplex and the crown jewel is the rebuilt 2401-2405 featuring 3 residential units and 1 commercial space which is home to 'bravado wine bar'. Residential units are all on fixed term leases and commercial are long-term leases. All units have their own front door and there is a shared and enclosed landscaped courtyard. Each unit is unique in character and they have been modernized or rebuilt to a high quality standard. This is a solid long term asset in a highly desirable area of peninsular halifax!


Building Details
Amenities
Air Conditioning,Laundry Facilities,Living Accommodations,Window Display,See Remarks
Building Feat
Partially Fenced
Year Built (approx)
0
Construction
Wood Frame
Num Floors
2
Heating
Baseboard, Heat Pump -Ductless, In Floor, Radiant
Fuel Type
Electric
Building Dim
(40.9x21.6)-jog + (49.6x40.6)-jog + (42x37.2)-jog
Outside Dim
(40.9x21.6)-jog + (49.6x40.6)-jog + (42x37.2)-jog
Roof
Other
Flooring
Concrete,Wood
Fire Protection
Smoke Detector
Services
Cable, Electrical, Municipal Water, Telephone, See Remarks
Rental Income
Yes
Rental Equip
None
Land Details
Site Influences
Shopping Nearby, Visual Exposure, High Traffic Location
Migrated
Yes
Approx Num Acres
0
Title To Land
Freehold
Restrictive Covs
No
PID#
00151944
PID# 2
00151936
PID# 3
40178584
PID# 4
00151928
Legal Desc
Civic #s: 2391, 2393, 2395, 2397, 2399, 2401, 2403 & 2405
County
Halifax
Postal Code
B3K 4B8
Directions
Agricola Street (east Side) Between West & Harris Streets
Parking/Garage Details
Garage
No
Garage Details
Driveway
None
Parking Details
Jerry Lynds Halifax real estate agent Wouldn't it be nice to have an agent that tells you the bad stuff about properties and not just the good selling points? If so, contact Jerry!

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Other Details
Original Price
$5,950,000 (since reduced $251,000)
Price/sq ft
$624
Last Price Change
May, 6th, 2024
Docs On File
Bldg Location Cert,financial Statements,leases,other Documents,see Instr. To Members
Inclusions
10 Fridges, 10 Stoves, 10 Dishwashers, 10 Otc Microwaves, 5 Ductless Mini-splits, 3 Combo W/d, 1 Coin-op Washer & Dryer.
Exclusions
Tenant Equipment, Inventory And Possessions.
PCDS
No
Possession
Negotiable / As Agreed
MLS® Area
Halifax - Dartmouth: 1-Halifax Central
Listing Office
Red Door Realty

FINANCIALS
income
Gross Income350864
EXPENSES
InsuranceOwner
HeatingTenant
Int MaintenanceOwner
Ext MaintenanceOwner
Structural MaintOwner
ElectricityTenant
Business TaxTenant
Property TaxOwner
WaterOwner
Total Expenses44610
Summary
Net Income306254
LEASE & RENTAL INFO
TYPE
NET AREA
RENTAL RATE
OCCUPANT
EXPIRY DATE
Retail
n/a
n/a
Luke's Fine Foods
n/a
Retail
n/a
n/a
Bravado
n/a
# Residential Units
10
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
Lat/Lng:
44.652840, -63.589794
Local ammenities go here
MUNICIPAL INFORMATION
SCHOOL INFO (Select Data Source)

GRADE
PROGRAM
SCHOOL
PR-6
Elementary French Immersion
St. Joseph's-Alexander McKay
PR-6
Elementary English Program
Joseph Howe
PP-PP
Elementary English Program
Joseph Howe
7-9
Jr Hi Early French Immersion
Oxford
7-9
Jr Hi English Program
Oxford
10-12
Sr Hi English Program
Citadel High School
10-12
Sr Hi Early French Immersion
Citadel High School

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