About 1445 & 1453 St Margaret's Bay Road
Prime Lakeside Investment & Development Opportunity Welcome to 1445 & 1453 St. Margarets Bay Road (PID #00347930 & #40816944), offering a combined 28,717 sq. ft. of land in a highly desirable location. The property features a 2,500 sq. ft. building in excellent condition, fully leased to Canada Post on a Net Rent basis—with the tenant covering all operating costs and property taxes. This means stable, hassle-free income from a secure national tenant. Beyond its current income stream, this site offers exceptional development potential. With as-of-right zoning for up to a 30,000 sq. ft building., the C2 zoning permits a wide variety of commercial and residential uses, making it ideal for mixed-use, retail, office, or residential projects. Perfectly positioned just 2 km from Bayers Lake, this lakeside property combines strong existing revenue with incredible future growth potential—an opportunity not to be missed for investors and developers alike.
Features of 1445 & 1453 St Margaret's Bay Road
| MLS® # | 202520638 |
|---|---|
| Price | $950,000 |
| Square Footage | 2,412 |
| Acres | 0.66 |
| Year Built | 1991 |
| Type | Commercial Sale |
| Sub-Type | Retail |
| Status | Active |
Community Information
| Address | 1445 & 1453 St Margaret's Bay Road |
|---|---|
| Area | Halifax - Dartmouth |
| District | 40-Timberlea, Prospect, St. Margaret's Bay |
| Sub-District | 40-A |
| City | Lakeside |
| County | Halifax |
| Province | NS |
| Postal Code | B3T 1M6 |
Amenities
| Utilities | Electric, Cable Connected, Electricity Connected, Water Connected, Sewer Connected, Phone Connected |
|---|---|
| Features | Grade Loading |
| Parking | Public Parking, Paved |
| View | Lake |
| Is Waterfront | Yes |
| Waterfront | Lake, Waterfront |
| Has Pool | No |
Interior
| Heating | Forced Air, Ductless |
|---|---|
| Cooling | Air Conditioning |
| Fireplace | No |
| # of Stories | 1 |
| Has Basement | No |
Exterior
| Lot Description | 0.5 to 0.99 Acres, Cleared, Near Public Transit, Shopping Nearby |
|---|---|
| Roof | Asphalt |
| Construction | Block, Concrete |
Additional Information
| Zoning | C2 |
|---|
Listing Details
| Office | Royal LePage Atlantic |
|---|