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5 Riverview Avenue St George, New Brunswick E5C 3M1

Air Conditioned, Heat Pump Baseboard Heaters, Heat Pump Landscaped

$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:55272)

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

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Michele Morris
Salesperson


Colliers International
514 Needham St
Fredericton, New Brunswick E3B 1P3

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