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729 Principale Beresford, New Brunswick E8K 1W6

4828 sqft
Heat Pump Baseboard Heaters, Heat Pump

$429,900

Unlock the Potential of Prime Real Estate! Seize this fantastic opportunity in the heart of Beresford, a high-traffic area ripe for investment. This expansive 4,828 sq. ft. retail space is strategically located on Principale Street, facing the bustling Acadia St. The property sits on a generous 0.62-acre lot, complete with a paved parking area and natural grassy surroundings. Currently utilized as a retail space, with the exciting potential to convert into 8 stylish, renovated apartment units. Imagine 5 one-bedroom units and 3 two-bedroom units, designed to attract a diverse range of tenants. Features electric baseboard and mini-split heating systems to ensure year-round comfort. One section of the roof was replaced in 2019.The building benefits from municipal services provided by the Town of Beresford, now part of the Belle Baie amalgamation. This includes water, sewage and waste removal.Situated in a CC1 (Central Commercial Type 1) zone, the property is perfectly positioned for both commercial and residential uses. With zoning that permits up to 20 units, this site offers significant flexibility and future potential.Whether you're looking to continue as a retail establishment or pivot to a lucrative residential development, this property presents a rare and exciting opportunity. Dont miss your chance to invest in a high-traffic area with substantial growth potential. Make your mark in Beresford with this prime property. Text or call today for more information. (id:55272)

Business

BusinessType Retail and Wholesale
BusinessSubType General retail

Property Details

MLS® Number M161782
Property Type Retail

Building

CoolingType Heat Pump
HeatingFuel Electric
HeatingType Baseboard Heaters, Heat Pump
SizeInterior 4828 Sqft
TotalFinishedArea 4828 Sqft

Land

AccessType Year-round Access
Acreage No
SizeIrregular 2510
SizeTotal 2510 M2
SizeTotalText 2510 M2

https://www.realtor.ca/real-estate/27312025/729-principale-beresford

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Pierre Basque
Salesperson


Exit Realty Associates
260 Champlain St
Dieppe, New Brunswick E1A 1P3

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