$649,900

Commercial For Sale In Fredericton South, Fredericton, New Brunswick

$649,900

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 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 & garage are currently generating a total rental income of $80,000+-/annually. The warehouse is not occupied, which can be used for your own business or generate more rental income. (id:27)

Building Features:

  • Style: Industrial
  • Air Conditioning: Yes
  • Roof Material: Metal
  • Roof Style: Unknown
  • Total Finished Area: 5048 sqft
  • Heating Type: Baseboard heaters, Heat Pump
  • Heating Fuel: Electric
  • Cooling Type: Heat Pump

Property Features:

  • OwnershipType: Freehold
  • Property Type: Industrial
  • Access Type: Highway access
  • Lot Size: 5097.56 Square Metres

Courtesy of: RE/MAX East Coast Elite Realty

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