36-40 Court Street, Edmundston, New Brunswick E3V 1S3

Listed for:
$1,395,000
0 beds
0 baths
Listed 56 days ago
36-40 Court Street, Edmundston, New Brunswick E3V 1S3

View all 6 photos

Learn more about this property
Listing provided by:
Riviera Real Estate Ltée
MLS® number:
NB091800
Agent:
Jean Leblond
*Indicates required field
Name is required
Email is required

About

Step into the thriving heart of Edmundston with this exceptional commercial property offering endless possibilities for savvy investors. With over 20,300 square feet of finished floor area, this 2-story building boasts a distinctive aluminum siding exterior and a striking brick front that exudes curb appeal. Featuring 6 commercial rental sections and 2 residential apartments, this property is a cash flow dynamo. The solid lease agreements for 3 of the commercial spaces ensure a steady income stream. The land area of 20,925 square feet provides a few parking spaces. The unfinished basement, suitable for storage rentals, presents an additional revenue opportunity. While this property offers immense potential, please be aware that the tar and gravel roof will require replacement. Additionally, there is some water infiltration in the basement during the springtime. These factors have been considered in the pricing and represent an opportunity for improvement. Don't miss out on this rare chance to invest in a high-potential commercial property in the bustling heart of Edmundston. Call today for more information and to schedule a viewing! **Please take note that all current tenants are remaining in the building. (id:27476)

Property Highlights

Type
Cooling type
Air Conditioned
Heating fuel
Electric
Fireplace
No
Construction material
Aluminum siding, Brick
Parking space
Ownership Type
Freehold
Amenities nearby

Location