117 Rundle Street

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Development Potential

Property Features

  • 11,100 sf site, zoned C-1A, Downtown Commercial, which includes multi-residential.
  • Multi-residential is as-of-right with commercial remaining on ground level.
  • Multi-residential, including ground level, is subject to a Development Agreement.
  • There is no gross floor area maximum or height restriction in the town.
  • Existing structure is +/- 5,000 sf per level, and could be re-used in a development. Site is compliant with coverage ratios.
  • Stellarton has long been a strong rental market.
  • The site includes a paved parking lot, which provides some required parking. Parking requirements of 1.5 stalls per unit, can be replaced with cash in lieu.
  • Two-storey warehouse and office building.
  • The ground floor features an open concept reception area, kitchen, three private offices, retail area and large warehouse with two (interior/exterior) 8' overhead loading doors.
  • The ground floor has a large demonstration kitchen with commercial grade overhead ventilation system.
  • The ground floor warehouse has minimal finishes such as exposed concrete block, insulated walls, and ceilings as well as concrete floors.
  • Finishes on the ground floor office area include vinyl flooring, gyproc walls, tile ceilings and double glazed windows. Finishes on the second floor office area include carpet and vinyl flooring, florescent lights, gyproc walls/ceilings.
  • The second floor features a large boardroom, warehouse and kitchen area with melamine cabinetry.
  • The second floor warehouse is finished with plywood flooring, exposed ceilings, insulated walls and open section to facilitate fork lift access.

Location

  • Located in the town of Stellarton, Nova Scotia just south of the larger town of New Glasgow, in Pictou County.
  • The Foord Street area surrounding the property is comprised of a mixture of commercial businesses, restaurants, and financial institutions.
  • Located less than a half kilometre to the Trans-Canada Highway interchange at exit 24.
  • Strategically located with easy access to major highways and thoroughfares leading to New Glasgow and Pictou.
  • Stellarton’s history is rooted in coal mining but their industries have grown to a variety of other businesses including the administrative offices of Canadian leading grocery chain Sobeys and its subsidiary companies.

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