Overview
Description
CALLING ALL DEVELOPERS! Positioned minutes from Shelburne and a short walk to the hospital, this 27.3-acre property offers exceptional potential for redevelopment. The site includes multiple buildings with over 82,000 sq. ft. of space. While the existing buildings require major renovations, the property's size, access and location create a unique canvas for a wide variety of future uses ranging from residential to commercial, thanks to General Development (GC) zoning. Appraisal on file with as-is value of $822,000 as well as potential conversion of buildings to 77 residential units with completed value of $9,589,000. Property is potentially eligible for CMHC MLI Select Program, as well as NS Affordable Housing Program (buyers to verify based on intended development).
Contact us about this listing & It's History
About Your Relator®
Jessica Mugford
Meet Jessica Mugford, a dynamic and enthusiastic Realtor® based in the heart of Sydney, NS. Born and raised in this picturesque coastal city, Jessica brings a deep-seated passion and a comprehensive understanding of the local market to her role. Her journey in real estate began at RE/MAX Park Place, where she served as an administrative professional specializing in contract review. This experience has provided her with invaluable insights into the industry, enhancing her expertise in managing real estate transactions with finesse.
Jessica's love for travel has broadened her perspective, allowing her to appreciate diverse lifestyles and housing needs, making her an ideal advisor for clients seeking to navigate the complexities of the real estate market. Coupled with her exceptional customer service skills, Jessica is committed to offering personalized and effective real estate solutions.
With deep rooted entrepreneurial ties to the community, Jessica has the foresight to recognize independent real estate opportunities, propose growth strategies and guide her clients through effective and efficient closing processes.
With Jessica Mugford, you can expect nothing less than a professional, tailored approach.
Phone: (902) 322-1684
Email: jessicamugford@remax.net
Office: Sydney
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Monthly mortgage and property tax payments are estimates for which we bear no responsibility.
Homeowners could also be subject to mortgage insurance premiums, homeowners insurance premiums, and other costs.
Property Details
| On Market Date | 2025-10-14T15:57:20.2 |
| Price | $150,000.00 |
| Neighborhood | South Shore |
| Location | Lat: 43.742049, Lng: -65.307676 |
| Square Feet | 82,850.00 |
| Lot Size | 1,189,188.00 1189188 |
| Parking Features | Yes |
| Heating | None |
| Water Source | Municipal,None |
| Construction Materials | Block,Brick |
| Roof | Other |
| Flooring | See Remarks |
| Association Fee | 0.00 |
| Listing Office Name | Partners Global Corporate Real Estate Inc. |
| Listing Agent | Matt Ross |
| MLS® | 202525752 |
No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all information should be confirmed by customer.