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5 Riverview Avenue St George, New Brunswick E5C 3M1
$1,430,000
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:53560)
Business
| BusinessType | Other |
| BusinessSubType | Offices |
Property Details
| MLS® Number | NB105846 |
| Property Type | Office |
| AmenitiesNearBy | Shopping |
| EquipmentType | Water Heater |
| Features | Level Lot, Visual Exposure |
| RentalEquipmentType | Water Heater |
Building
| ConstructedDate | 1988 |
| CoolingType | Air Conditioned, Heat Pump |
| FireProtection | Smoke Detectors |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters, Heat Pump |
| TotalFinishedArea | 5281 Sqft |
Land
| AccessType | Year-round Access |
| Acreage | No |
| LandAmenities | Shopping |
| LandscapeFeatures | Landscaped |
| SizeIrregular | 22874 |
| SizeTotal | 22874 Sqft |
| SizeTotalText | 22874 Sqft |
| ZoningDescription | Commercial |
https://www.realtor.ca/real-estate/27403783/5-riverview-avenue-st-george
514 Needham St
Fredericton, New Brunswick E3B 1P3
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October 23 2024 07:27:01
Saint John Real Estate Board Inc
Colliers International