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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:35613)

Business

Business Type Other
Business Sub Type Offices

Property Details

MLS® Number NB105846
Property Type Office
Amenities Near By Shopping
Equipment Type Water Heater
Features Level Lot, Visual Exposure
Rental Equipment Type Water Heater

Building

Constructed Date 1988
Cooling Type Air Conditioned, Heat Pump
Fire Protection Smoke Detectors
Heating Fuel Electric
Heating Type Baseboard Heaters, Heat Pump
Roof Material Asphalt Shingle
Roof Style Unknown
Total Finished Area 5281 Sqft

Land

Access Type Year-round Access
Acreage No
Land Amenities Shopping
Landscape Features Landscaped
Size Irregular 22874
Size Total 22874 Sqft
Size Total Text 22874 Sqft
Zoning Description Commercial

https://www.realtor.ca/real-estate/27403783/5-riverview-avenue-st-george