5 Riverview Avenue, St George, New Brunswick, E5C 3M1

$1,430,000

MLS® # NB105846

Commercial For Sale In St George, New Brunswick

$1,430,000

Property Information:

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:27)

Building Features:

  • Style: Office
  • Air Conditioning: Yes
  • Fire Protection: Smoke Detectors
  • Roof Material: Asphalt shingle
  • Roof Style: Unknown
  • Total Finished Area: 5281 sqft
  • Heating Type: Baseboard heaters, Heat Pump
  • Heating Fuel: Electric
  • Cooling Type: Air Conditioned, Heat Pump

Property Features:

  • OwnershipType: Freehold
  • Property Type: Office
  • Access Type: Year-round access
  • Amenities Nearby: Shopping
  • Built in: 1988
  • Features: Level lot, Visual exposure
  • Landscape Features: Landscaped
  • Lot Size: 22874.00 Square Feet
  • Zoning: Commercial

Courtesy of: Colliers International

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.