411 Saint Mary's Street, Fredericton

For Sale
Fully-Occupied Mixed-Use Investment Opportunity Within City Limits
$1,450,000.00

Description


  • 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

Details


Listing ID :
25158
Building Name :
Sherico Place
Address : 411 Saint Mary's Street
Fredericton, NB
Property Type:
Office
Retail
Mixed-Use
Multi-Res
Total Floors:
2
Building Size:
11,328 sf
Year Built:
2012
Lot Size:
22,230 sf
Zoning:
Commercial Corridor Zone Two (COR-2)
Parking Description:
On-site paved parking (25 stalls total)
Max Contiguous Space:
11,328 sf
Min Divisible Space:
11,328 sf
Sale Price:
$1,450,000.00
Sale Details:
Annual Rental Income: $152,520 (contact the listing agent for more details regarding financial and tenancy information)

45.9815226, -66.6337307

Similar Listings
Reduced Price
Union Street
For Sale

642-652 Union Street, Fredericton

Vacant Land on the Northside with Approved Development in Place
Property Type Office, Retail, Land, Mixed-Use
Area Available 0.37 acres
New
Flatiron Development Lands
For Sale

Flatiron Development Lands, Fredericton

Unique Land Assembly at St. Anne’s Point Roundabout
Property Type Land, Mixed-Use, Multi-Res
Area Available 0.81 acres
Reduced Price
Woodstock Road
For Sale

1475 & 1489 Woodstock Rd, Fredericton

Unique Package Opportunity – Commercial Building with Surplus Land
Property Type Office, Industrial, Land
Area Available 11,442 sf on 1.37 acres