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Home NB Oromocto
275A Restigouche Road
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275A Restigouche Road $1,250,000
$1,250,000
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275A Restigouche Road
Oromocto, New Brunswick E2V2H1

MLS® Number: NB105907

Listing Description

This well-maintained, single-tenant office building is located on a prominent street in Oromocto, offering easy access to larger urban centres such as Fredericton and Saint John and Moncton. building spans 4,472 square feet on a 57, 145 square foot lot and is fully occupied by the Province of New Brunswick ensuring excellent covenants and stable income. Constructed with a steel frame structure and poured reinforced concreate slab, the building features a one-storey, above grade layout. Exterior boasts woods shingles with a stained finish and an asphalt shingle roof. Mix of ceramic tile and carpet flooring. Equipped with roof-mounted HVAC systems and perimeter electric baseboard heaters with public and employee washrooms located throughout. Ample on-site parking with a total or 52 lined spots at the front and rear. Located in a neighbourhood comprised of mainly retail and commercial properties, a bustling commercial hub. Expenses for the property are recharged to the tenant based on increases over base year costs, providing additional financial stability for the investor. Vendor also owns two other 100% government leased properties so these could be sold as a package deal. Vendor would also entertain a share sale for 100% shares of Round Square Holdings Ltd. (27512495)

Property Summary

Property Type
Office
Title
Freehold
Land Size
57145 sqft
Built in
1993
Annual Property Taxes
$26,243.78
Time on REALTOR.ca
100 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
Exterior Features
Exterior Finish
Other
Business
Business Type
Other (Offices)
Neighbourhood Features
Amenities Nearby
Recreation Nearby, Shopping

Measurements

Total Finished Area
4472 sqft

Land

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