729 Principale Beresford, New Brunswick E8K 1W6
$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:35613)
Business
| Business Type | Retail and Wholesale |
| Business Sub Type | General retail |
Property Details
| MLS® Number | M161782 |
| Property Type | Retail |
Building
| Cooling Type | Heat Pump |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters, Heat Pump |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Size Interior | 4828 Sqft |
| Total Finished Area | 4828 Sqft |
Land
| Access Type | Year-round Access |
| Acreage | No |
| Size Irregular | 2510 |
| Size Total | 2510 M2 |
| Size Total Text | 2510 M2 |
https://www.realtor.ca/real-estate/27312025/729-principale-beresford
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September 04 2024 03:57:51
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