191-197 Université Avenue Moncton, New Brunswick E1C 5K4
$1,600,000
This great investment property has been fully renovated and includes 2 buildings and a parking lot all on one lot zoned MU. 191 Université includes 6 units, two 1 bedroom, two 2 bedrooms and 2 main floor commercial units. 197 Université is a stand alone building currently optimized for a medical clinic but could easily be adaptable for a wide range of professional uses, including Law or Accounting Firms Specialized Medical Practitioners (Physiotherapy, Dental, etc.), Creative Agencies or Tech Startups. Situated on Université avenue, these buildings benefit from high visibility and foot traffic. The location is a magnet for both commercial tenants seeking professional exposure and residential tenants wanting proximity to the University, local hospitals, and the downtown core. The synergy of the neighborhood ensures a low vacancy rate and consistent demand across all unit types. As the Université corridor continues to develop, property values in this specific pocket are projected to see steady growth. The high-quality renovation ensures that the property will remain competitive in the rental market for decades to come, commanding top-tier rents in any economy. (id:55272)
Property Details
| MLS® Number | NB135722 |
| Property Type | Multi-family |
| Features | Level Lot, Wheelchair Access |
Building
| Appliances | Refrigerator, Stove, Washer, Dryer |
| BasementDevelopment | Partially Finished |
| BasementType | Full (partially Finished) |
| CoolingType | Heat Pump |
| ExteriorFinish | Other, Aluminum/vinyl |
| FlooringType | Ceramic, Laminate, Hardwood |
| FoundationType | Concrete |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters, Heat Pump |
| SizeInterior | 4561 Sqft |
| TotalFinishedArea | 4561 Sqft |
| UtilityWater | Municipal Water |
Land
| AccessType | Year-round Access, Public Road |
| Acreage | No |
| LandscapeFeatures | Landscaped |
| Sewer | Municipal Sewage System |
| SizeIrregular | 1289 |
| SizeTotal | 1289 M2 |
| SizeTotalText | 1289 M2 |
| ZoningDescription | Mu |
https://www.realtor.ca/real-estate/29587921/191-197-université-avenue-moncton
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Marc Richard
Salesperson
1000 Unit 101 St George Blvd
Moncton, New Brunswick E1E 4M7
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April 15 2026 10:51:31
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