411 Saint Mary's Street, Fredericton
- Ground floor commercial with apartments above
- Newer construction with great curb appeal
- 100% occupied
411 Saint Mary’s Street represents a unique opportunity to purchase a two-storey mixed-use investment property situated just 2.5 km from downtown. The property comprises four commercial tenancies on the ground floor and eight, one-bedroom apartments above.
Constructed in 2012, the building enjoys great curb appeal with modern finishes including vinyl siding and stone veneer. In addition, the site offers well-maintained and attractive landscaping, and is improved with a large pylon sign for increased exposure to commercial tenants.
It should be noted that 50% of the residential units were constructed under New Brunswick’s Affordable Rental Housing Program, therefore a buyer would be required to re-register for the program, if they wish to continue involvement.
Offering Price: $1,450,000 + HST
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|Address :||411 Saint Mary's Street
Commercial Corridor Zone Two (COR-2)
On-site paved parking (25 stalls total)
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Annual Rental Income: $150,960 (contact the listing agent for more details regarding financial and tenancy information)