1 Ferry Wharf Road Grand Manan, New Brunswick E5G 3A1

$409,000

Amazing investment opportunity awaits! Sitting on the 1+ Acres of land is a large Commercial building boasting over 4,000 sq ft of space with a newly installed Steel Roof. Currently occupying 1/3 of the building is Canada Post who have recently signed on for another 5 Year Lease. The Post Office takes care of their own repairs and maintenance as needed, supports with snow removal for the large parking lot as well as helps cover a great portion of the overhead costs of the building. The other 2/3 of the building (currently utilized as a pop up Art gallery) was formerly a Restaurant with over 1600 sq ft of sitting room that fed up to 100 diners at a time, as well as a 350 sq ft Kitchen (with air conditioning units) and over 800 sq ft of storage space. The former restaurant still has the commercial grade chimney hood for gas stoves/grills, a large 5-door freezer, a walk-in cooler and as mentioned plenty of storage space for dry goods. Another great source of income is the Ice Cream and donut kiosk that operates seasonally and is currently negotiating a 5-year lease. Located to the right of the building is a motorcoach that was renovated into a living space consisting of 1 bedroom, a granite shower, a full kitchen, plenty of cabinetry, an office workspace and of course a comfy sofa to curl up and watch a movie. Use it as a place to stay when you are visiting your investment or even rent it out as an AirBnB. High traffic area! Dont hesitate, call today! (id:35613)

Property Details

Building

Land

https://www.realtor.ca/real-estate/26457054/1-ferry-wharf-road-grand-manan