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202-212 St. George ST, Moncton, NB, E1C 5H1

MLS® # NB113571
Commercial For Sale In Moncton, New Brunswick
$1,200,000
202-212 St. George St, Moncton, NB
202-212 St. George St, Moncton, NB
202-212 St. George St, Moncton, NB
202-212 St. George St, Moncton, NB
202-212 St. George St, Moncton, NB
202-212 St. George St, Moncton, NB
202-212 St. George ST, Moncton, NB, E1C 5H1
$1,200,000

Property Information:

Exceptional investment opportunity to acquire a fully occupied, extensively updated mixed-use building in the heart of downtown Moncton. This 4,457 SF two-storey property includes two commercial units on the main level and three modern apartments on the second floor. The purchase includes an adjacent lot, providing additional tenant parking with ample street parking nearby. The building boasts 63' of frontage on St. George Street. The first commercial unit is 763 SF and currently operates as a retail/lounge space, while the second unit is 1,675 SF and functions as a lounge/nightclub featuring a wraparound patio. Both commercial spaces have seen significant updates and are equipped with mini-split heat pumps for efficient heating and cooling. The residential units consist of one one-bedroom unit and two two-bedroom units, each featuring modern interiors with wood cabinetry, quartz countertops, appliances, and a four-piece bathroom. All units have electric baseboard heating. Extensive renovations over $450,000 were completed in 2019-2020, including a full interior and exterior rebuild with new siding, windows, doors, and roof. Tenants are currently on year-to-year leases, providing immediate revenue while offering the flexibility for an owner-occupier to convert the space for their own business operations. The SBD zoning allows for a variety of uses, including retail, restaurant, microbrewery, or bed and breakfast. Financial details are available upon execution of an NDA.

Building Features:

  • Total Finished Area: 4475 Square Feet

Property Features:

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Metal, Stone, Vinyl
  • Heating Cooling: Baseboard, Heat Pump
  • Property Size: Under 0.5 Acres
  • Site Influences: Corner Site, High Traffic Location, Public Transportation, Recreation Nearby, Shopping Nearby, Visual Exposure

Courtesy of: Colliers International New Brunswick

Data provided by: Greater Moncton REALTORS® du Grand Moncton 541 St. George Blvd., Moncton, New Brunswick E1E 2B6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Location of 202-212 St. George ST, Moncton, NB, E1C 5H1

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

31 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

31 hot days expected in 2050

41/100

Moderate

ClimateCheck®

Current data

This property, 202-212 St. George ST , experiences 7 hot days per year at around 29.3 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 32.5 degrees Celsius.

Projected Avg. Temperature

Past
29.3℃
2050
32.5℃

# Hot Days Per Year

Past
7
2050
31

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

74/100

Moderate-High

ClimateCheck®

Current data

This property, 202-212 St. George ST , experiences 11 significant 2-day storms per year, with about 381.8mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 494.2mm of precipitation per year.

Precipitation Per Storm

Past
381.8mm
2050
494.2mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 202-212 St. George ST, Moncton, NB, E1C 5H1

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$88,583.35

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.18 %

High school certificate or equivalent

31.94 %

Apprenticeship trade certificate/diploma

4.53 %

College/non-university certificate

21.28 %

University certificate (below bachelor)

2.18 %

University Degree

24.9 %

Commuter

Travel To Work

By Car

60.5 %

By Public Transit

10.58 %

By Walking

20.82 %

By Bicycle

0.43 %

By Other Methods

7.67 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

80.42 %

Houses

19.58 %

Own Vs. Rent