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$1,430,000
Est. payment /mo
0.53 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID NB105846
Originating Board New Brunswick Real Estate Board
Year Built 1988
Lot Size 0.525 Acres
Acres 22874.0
Property Description
This well-maintained, single-tenant office building is located off the high-speed connector, offering excellent access to larger urban centres, the closet being Saint John. The building spans 5,281 square feet and is fully occupied by the Province of New Brunswick and has been the tenant since the building was built. Building has been well maintained and has been home to Public Health with the Province of New Brunswick since then ensuing excellent covenants and stable income. Services are offered by the tenant to surrounding areas such as St. Stephen and Pennfield. This single tenant office building is a one-storey above grade with poured, reinforced concrete slab. Exterior is wood shingle with stained finish. HVAC units are located at the rear of the building and there is also perimeter electric baseboard heating. Public and employee washrooms throughout. Expenses for the property are recharged to the tenant based on increases over base year costs, providing additional financial stability for the investor. Properties in the immediate area include Cooke Aquaculture facility as well as other plants. government facility services a large service area. Vendor owns two other properties so a package deal is possible, even under a share sale for 100% of Round Square Holdings Ltd. for all three properties. (id:24570)
Location
Province NB
Interior
Heating Baseboard heaters, Heat Pump,
Cooling Air Conditioned, Heat Pump
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Lot Description Landscaped
Others
Ownership Freehold
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Listed by Colliers International
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