280 King Street Unit# B, Fredericton, New Brunswick E3B 1E3

Listed for:
$20
0 beds
0 baths
Listed 113 days ago
280 King Street Unit# B, Fredericton, New Brunswick E3B 1E3

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Listing provided by:
Colliers International
MLS® number:
NB095095
Agent:
Michele Morris
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About

Corner of Westmorland and King Street, Downtown Fredericton Excellent downtown location in Fredericton, NB. Located at the corner of Westmorland and King Street, this property offers exceptional visibility and a high traffic count. Everyone coming off the bridge will be looking at your signage! Half of the building is already occupied by St. Louis Bar & Grill. This property is within walking distance of all the downtown office buildings, and businesses. The city parking garage is just across the street plus there is limited on-site parking at the rear of the building. A large area out front serves as an outdoor patio, an added bonus for your business in warmer weather. This space offers approximately 3,300 SF of rentable space and is vacant. The asking rate is $20 PSF year 1 based on a 5-year lease. Operating costs are estimated at $12 PSF for year one. (id:27476)

Property Highlights

Type
Cooling type
Heating fuel
Fireplace
No
Construction material
Brick
Parking space
Ownership Type
Leasehold
Amenities nearby
Public Transit, Shopping

Location

Summary

Conveniently situated in downtown Fredericton, NB at the intersection of Westmorland and King Street, this property boasts an excellent location with high visibility and heavy traffic flow. With half of the building already occupied by St. Louis Bar & Grill, the remaining 3,300 SF of rentable space is now available for lease. The property is within walking distance of downtown office buildings and businesses, and is also conveniently located near the city parking garage, with limited on-site parking at the rear of the building.

In addition to its prime location, the property features a large outdoor patio area, providing an attractive space for businesses during warmer weather. The asking rate for the space is $20 PSF for the first year of a 5-year lease, with estimated operating costs of $12 PSF for the first year. This leasehold property offers great potential for businesses looking to establish a presence in a bustling downtown area.

With a land size of 1.51 hectares, this property is ideally situated in a vibrant area with nearby amenities such as public transit and shopping. The building exterior is finished with brick, adding to its appeal and durability. Located at 280 King Street Unit# B in Fredericton, New Brunswick, this property is available for lease and presents an exciting opportunity for businesses seeking a prime downtown location.