Property Information:
https://qingqingluo.wixsite.com/my-site-5 (click for more info) Seeking a savvy investment that promises sustainable rental income & future growth potential? Look no further! This property in the heart of Fredericton's industrial park, offers an unparalleled investment opportunity. It offers an ideal investment opportunity with a sustainable rental income stream. Current tenant has committed to a 2yr rental contract, guaranteeing a stable cash flow, making it easier to secure a mortgage. The expansive lot size provides ample room for future expansion. Location-easy access to major highways and the US border, 10 minutes from the YFC International Airport. It's positioned for growth & success for manufacturers/exporters location-wise. Property consists of 3 buildings on 5000+sqm lot. Main building features 5000sqf of steel frame construction-fully finished, being used as a commercial gym & U-Haul rental business. There is a separate office space in the back of the main building that's currently rented to another tenant. Other 2 buildings are a warehouse & garage. These 2 buildings offer 4000+ sqf of storage & workshop space that can complement any business operations in the main building or to be rented out to other businesses. A security gate separates the main building & other 2 buildings. Main building & warehouse are currently generating a total rental income of $80,000+/annually. Garage is not occupied, can be used for your own business or generate more rental income. (id:27)
Building Features:
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Style:
Industrial
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Air Conditioning:
Yes
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Roof Material:
Metal
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Roof Style:
Unknown
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Total Finished Area:
5048 sqft
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Heating Type:
Baseboard heaters, Heat Pump
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Heating Fuel:
Electric
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Cooling Type:
Heat Pump