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Home NB Grand Falls
283-285, 273-275 Broadway Boulevard
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283-285, 273-275 Broadway Boulevard $850,000
$850,000
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283-285, 273-275 Broadway Boulevard
Grand Falls, New Brunswick E3Z2K1

MLS® Number: NB101743

Listing Description

Exciting Investment Opportunity: 11-Unit Mixed-Use Building! Discover a prime investment opportunity in the heart of Grand Falls! This newly listed 11-unit mixed-use building, located on bustling Broadway Blvd, offers a diverse portfolio to savvy investors. The property features three commercial spaces, perfect for retail or office use, which benefit from high visibility and foot traffic. Additionally, there are 8 spacious and well-maintained residential units, ensuring steady rental income, as well as one storage unit. A rare find in downtown, the building comes with ten private parking spaces, providing significant convenience and added value for tenants. Situated in a vibrant and growing area, this property enjoys excellent exposure and accessibility, being close to shops, restaurants, public transportation, and other amenities. With solid construction and potential for modernization or customization, this well-maintained building presents an opportunity to further increase its value. Established tenants in both commercial and residential units offer immediate revenue, making this a maximized opportunity to expand your portfolio with a property that combines commercial and residential income streams. Whether you're a seasoned investor or looking to make your first major investment, this building promises substantial returns and long-term growth. Dont miss out on this unique opportunity to own a significant piece of downtown Grand Falls. Call today for more details! (27125751)

Property Summary

Property Type
Multi-family
Title
Freehold
Land Size
1364 m2
Annual Property Taxes
$12,566.85
Time on REALTOR.ca
115 days

Building

Building Features
Rental Equipment
Water Heater
Total Units
11
Heating & Cooling
Cooling
Heat Pump
Heating Type
Baseboard heaters, Heat Pump, (Electric)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Vinyl

Measurements

Total Finished Area
5000 sqft

Land

Other Property Information
Access
Year-round access
Data provided by: New Brunswick Real Estate Board Unit 1 - 1000 Sandy Point Road, Saint John, New Brunswick E2K 5H3

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