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Home NB Greater Bathurst Beresford
729 Principale
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729 Principale $429,900
$429,900
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729 Principale
Beresford, New Brunswick E8K1W6

MLS® Number: M161782

Listing Description

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. (27473807)

Location Description

On rue Principale in Beresford.

Property Summary

Property Type
Retail
Title
Freehold
Land Size
2510 m2
Annual Property Taxes
$12,540.31
Time on REALTOR.ca
89 days

Building

Heating & Cooling
Cooling
Heat Pump
Heating Type
Baseboard heaters, Heat Pump, (Electric)
Business
Business Type
Retail and Wholesale (General retail)

Measurements

Square Footage
4828 sqft
Total Finished Area
4828 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
Pierre Basque