MLS®: NB034606 Status: For sale

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$4,250,000
Location:

671 Prospect Street, Fredericton New Brunswick, E3B6B8

671 Prospect Street, Fredericton New Brunswick
Description:
Mixed Use building located in the uptown area of Fredericton, NB consists of 4 commercial units on the ground level with residential units above. Building has a gross construction of 27,621 square feet. Total of 17 residential units all 2-bedrooms except for 1-1 bedroom unit on the ground level. All residential units are rented. Built in 2014, the City of Fredericton awarded the owner with their ""Development Committee Award"" in recognition of the property's design and quality of architecture. Site is 1.52 acres and the owner has received approval from the City to build a second building on the property of similar size. Main level tenants are long term, quality tenants. Main entrance is 800 amps with individually metered subpanels for each unit. Main level commercial tenants have heat pumps providing heating and cooling. Electric baseboard heating is in the common areas and residential units however the residential units also have ductless heat pumps providing heating and cooling. There is plenty of paved surface parking for tenants and the grounds are professionally landscaped. Building has an elevator,security system, security access entrance doors, pull station, emergency lighting, coin operated laundry (as well as several washers and dryers in units) and all residential units have balconies. Full information package available on file. Please note that commercial portion (size TBD) of the sale price will be subject to HST. (id:2471)
Property:
Type: Other
Lot Dimensions: 1.52acresAcreage: 1.52acres|1 - 3 acres
Access: Year-round access
Structure:
Age: 2014
Heating: Baseboard heaters, Heat Pump
Heating Type: Electric
Cooling Type: Air Conditioned, Heat Pump
Exterior: Aluminum siding, Other
Features:
Level lot Visual exposure Landscaped
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671 Prospect Street, Fredericton New Brunswick

Thompson Real Estate Ltd., Brokerage

Listing Office: Noreen Barwise Realty Ltd.

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