275a Restigouche Road Oromocto, New Brunswick E2V 2H1

$1,250,000

This well-maintained, single-tenant office building is located on a prominent street in Oromocto, offering easy access to larger urban centres such as Fredericton and Saint John and Moncton. building spans 4,472 square feet on a 57, 145 square foot lot and is fully occupied by the Province of New Brunswick ensuring excellent covenants and stable income. Constructed with a steel frame structure and poured reinforced concreate slab, the building features a one-storey, above grade layout. Exterior boasts woods shingles with a stained finish and an asphalt shingle roof. Mix of ceramic tile and carpet flooring. Equipped with roof-mounted HVAC systems and perimeter electric baseboard heaters with public and employee washrooms located throughout. Ample on-site parking with a total or 52 lined spots at the front and rear. Located in a neighbourhood comprised of mainly retail and commercial properties, a bustling commercial hub. Expenses for the property are recharged to the tenant based on increases over base year costs, providing additional financial stability for the investor. Vendor also owns two other 100% government leased properties so these could be sold as a package deal. Vendor would also entertain a share sale for 100% shares of Round Square Holdings Ltd. (id:55272)

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https://www.realtor.ca/real-estate/27406588/275a-restigouche-road-oromocto