5 Riverview Avenue Active

St George,NB E5C3M1

$ 1430000

0 Bed

- Bath

0 SqFt


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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