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979-981 Mountain Road, Moncton, New Brunswick, E1C 2S5

MLS® # NB107289
Commercial For Sale In Moncton, New Brunswick
$995,000
979-981 Mountain Road, Moncton, NB
979-981 Mountain Road, Moncton, NB
979-981 Mountain Road, Moncton, NB
979-981 Mountain Road, Moncton, NB
979-981 Mountain Road, Moncton, NB
979-981 Mountain Road, Moncton, NB
979-981 Mountain Road, Moncton, NB
979-981 Mountain Road, Moncton, NB
979-981 Mountain Road, Moncton, NB
979-981 Mountain Road, Moncton, NB
979-981 Mountain Road, Moncton, NB
979-981 Mountain Road, Moncton, NB
979-981 Mountain Road, Moncton, NB
979-981 Mountain Road, Moncton, NB
979-981 Mountain Road, Moncton, NB
979-981 Mountain Road, Moncton, NB
979-981 Mountain Road, Moncton, NB
979-981 Mountain Road, Moncton, NB
979-981 Mountain Road, Moncton, NB
979-981 Mountain Road, Moncton, NB
979-981 Mountain Road, Moncton, NB
979-981 Mountain Road, Moncton, NB
979-981 Mountain Road, Moncton, NB
979-981 Mountain Road, Moncton, NB
979-981 Mountain Road, Moncton, NB
979-981 Mountain Road, Moncton, NB
979-981 Mountain Road, Moncton, NB
979-981 Mountain Road, Moncton, NB
979-981 Mountain Road, Moncton, NB
979-981 Mountain Road, Moncton, NB
979-981 Mountain Road, Moncton, NB
979-981 Mountain Road, Moncton, NB
979-981 Mountain Road, Moncton, NB
979-981 Mountain Road, Moncton, NB
979-981 Mountain Road, Moncton, NB
979-981 Mountain Road, Moncton, NB
979-981 Mountain Road, Moncton, NB
979-981 Mountain Road, Moncton, NB
979-981 Mountain Road, Moncton, NB
979-981 Mountain Road, Moncton, NB
979-981 Mountain Road, Moncton, NB
979-981 Mountain Road, Moncton, NB
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ACTIVE
979-981 Mountain Road, Moncton, New Brunswick, E1C 2S5
$995,000

Property Information:

Prime Investment Opportunity Mixed-Use Building with Restaurant & Rental Unit on Mountain Road An exceptional opportunity for investors or restaurateurs! This mixed-use building at 979-981 Mountain Road houses a well-known Canadian-Chinese restaurant that has been a beloved community establishment for over 40 years. The restaurant is a turnkey operation with 30 seats and a strong, loyal clientele. In addition, the property includes an income-generating rental unit, further enhancing its investment appeal. Located on a high-traffic road with 200 feet of prime frontage, the property benefits from outstanding visibility and exposure, with convenient access to public transportation. For investors, there is an opportunity for further expansion, as two additional parcels (PID # 00752196 & 00788331) are available for sale and can be sold as a package (MLS# M161303), making this an ideal option for future growth. Once this property is sold, it will not be available again, presenting a unique chance to own a prime piece of real estate on this coveted stretch of Mountain Road. This is an exceptional opportunity to secure a property with multiple income streams and significant development potential. Contact your realtor for further details. (id:27)

Building Features:

  • Air Conditioning: Yes
  • Roof Material: Tar & gravel
  • Roof Style: Unknown
  • Total Finished Area: 2734 sqft
  • Heating Type: Baseboard heaters, Heat Pump
  • Heating Fuel: Electric
  • Cooling Type: Heat Pump

Property Features:

  • Property Type: Other
  • Access Type: Year-round access
  • Amenities Nearby: Hospital, Public Transit, Shopping
  • Features: Corner Site
  • Lot Size: 1087.00 Square Metres

Courtesy of: RE/MAX Quality Real Estate Inc.

REALTOR.ca  

Location of 979-981 Mountain Road, Moncton, New Brunswick, E1C 2S5

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, 979-981 Mountain Road , 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 32.6 degrees Celsius.

Projected Avg. Temperature

Past
29.3℃
2050
32.6℃

# 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, 979-981 Mountain Road , experiences 11 significant 2-day storms per year, with about 381.1mm 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
381.1mm
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 979-981 Mountain Road, Moncton, New Brunswick, E1C 2S5

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$108,068.36

Average Number of Children

1.66

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.82 %

High school certificate or equivalent

28.43 %

Apprenticeship trade certificate/diploma

4.8 %

College/non-university certificate

21.13 %

University certificate (below bachelor)

2.61 %

University Degree

30.21 %

Commuter

Travel To Work

By Car

71.86 %

By Public Transit

2.6 %

By Walking

21.12 %

By Bicycle

1.36 %

By Other Methods

3.06 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

41.11 %

Houses

58.89 %

Own Vs. Rent