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Home NB St. George
5 Riverview Avenue
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5 Riverview Avenue $1,430,000
$1,430,000
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5 Riverview Avenue
St George, New Brunswick E5C3M1

MLS® Number: NB105846

Listing Description

This well-maintained, single-tenant office building is located off the high-speed connector, offering excellent access to larger urban centres, the closet being Saint John. The building spans 5,281 square feet and is fully occupied by the Province of New Brunswick and has been the tenant since the building was built. Building has been well maintained and has been home to Public Health with the Province of New Brunswick since then ensuing excellent covenants and stable income. Services are offered by the tenant to surrounding areas such as St. Stephen and Pennfield. This single tenant office building is a one-storey above grade with poured, reinforced concrete slab. Exterior is wood shingle with stained finish. HVAC units are located at the rear of the building and there is also perimeter electric baseboard heating. Public and employee washrooms throughout. Expenses for the property are recharged to the tenant based on increases over base year costs, providing additional financial stability for the investor. Properties in the immediate area include Cooke Aquaculture facility as well as other plants. government facility services a large service area. Vendor owns two other properties so a package deal is possible, even under a share sale for 100% of Round Square Holdings Ltd. for all three properties. (27509629)

Property Summary

Property Type
Office
Title
Freehold
Land Size
22874 sqft
Built in
1988
Annual Property Taxes
$19,250.86
Time on REALTOR.ca
101 days

Building

Building Features
Features
Level lot, Visual exposure
Fire Protection
Smoke Detectors
Rental Equipment
Water Heater
Heating & Cooling
Cooling
Air Conditioned, Heat Pump
Heating Type
Baseboard heaters, Heat Pump, (Electric)
Business
Business Type
Other (Offices)
Neighbourhood Features
Amenities Nearby
Shopping

Measurements

Total Finished Area
5281 sqft

Land

Lot Features
Landscape Features
Landscaped
Other Property Information
Access
Year-round access
Zoning Description
Commercial
Data provided by: New Brunswick Real Estate Board Unit 1 - 1000 Sandy Point Road, Saint John, New Brunswick E2K 5H3
Michele Morris