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$ 2,970,000
Est. payment | /mo
1.03 Acres Lot
$ 2,970,000
Est. payment | /mo
1.03 Acres Lot
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID NB105854
Originating Board New Brunswick Real Estate Board
Year Built 1989
Lot Size 1.032 Acres
Acres 44950.0
Property Description
This well-maintained, single-tenant office building is located very close to the major retail section in Sussex and just a street away from the Gateway Mall and near the main thoroughfare through Sussex. The building spans 12, 267 square feet and is fully occupied by tenants of the Province of New Brunswick, ensuring excellent covenants and stable income. Constructed with a steel frame structure and poured reinforced concrete slab, the building features a one-storey, above-grade layout. Exterior boasts wood shingles with stained finish and asphalt shingle roof. Interior with a mix of ceramic tile and carpet flooring. Equipped with roof-mounted HVAC systems and perimeter electric baseboard heaters and has public and employee washrooms located throughout. Ample parking with 46 lined spots at the front, side and rear. Expenses for the property are recharged to the tenant based on increases over base year costs, providing additional financial stability for the investor. Vendor owns two other properties leased to the Province of New Brunswick so all three properties could be sold as a package. Vendor would also consider share sale of Round Square Holdings Ltd. (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
Listed by Colliers International