Property Details

872 Regent Street, Fredericton, New Brunswick, E3B3Y8

872 Regent Street, Fredericton, New Brunswick, E3B3Y8 (ID NB068093)
Representative
Deanie Adams portrait
Deanie Adams
Sales Representative
RE/MAX East Coast Elite Realty Brokerage - Fredericton*
Cell: 506-461-0926
Tel: 506-452-9888
Toll free: 888-334-5100

$1,500,000 - For sale

ID#:NB068093

High visibility location on the Hill for this 4,400 square foot commercial building. With 2,400sq.ft of space on the main level, it can accommodate many uses such as large format day care, Medical Practice, Restaurant, Convenience Store (current use), Food service-take out. Zoned Local Commercial (LC). The new owner may have a use for the kitchen already present on the main floor. Upstairs is currently a 2,000sq.ft three bedroom apartment. Perhaps the new owner will have an owner occupant use for the second floor or decide to put in a tenant and generate rental income. Presently, the current owner resides in the apartment upstairs however a new owner may opt to generate income on that unit as well. Would make a smart investment for an owner occupant or strictly as an income generating property. Within walking distance to both Universities! Main floor potential revenue estimated at $5,000 per month plus HST for $60,000 annually and apartment estimated at $2,500 per month for $30,000 annual revenue. Separate heat pumps and electrical meters for each level so tenants could pay their own electrical. (id:2471)

Property Details
  • Property Address:872 Regent Street, Fredericton, New Brunswick, E3B3Y8
  • Property Type:Other
  • Title:Freehold
  • Lot Size:964.97
  • Acreage:964.97 m2
  • Access:Year-round access
Structure Details for 872 Regent Street, Fredericton, New Brunswick, E3B3Y8
  • Building Age:2015
  • Heating Type:Electric, Baseboard heaters, Heat Pump
  • Cooling Type:Heat Pump
  • Rental Equipment:Propane Tank, Water Heater
  • Exterior Type:Metal, Other
Amenities for 872 Regent Street, Fredericton, New Brunswick, E3B3Y8 Visual exposure, Landscaped
  • Amenities Nearby:Public Transit, Shopping
Representative
Deanie Adams portrait
Deanie Adams
Sales Representative
RE/MAX East Coast Elite Realty Brokerage - Fredericton*
Cell: 506-461-0926
Tel: 506-452-9888
Tollfree: 888-334-5100
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Listing Office: Noreen Barwise Realty Ltd.

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872 Regent Street, Fredericton, New Brunswick, E3B3Y8

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