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Home NB Port Elgin
37 Shemogue Road
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37 Shemogue Road $2,500,000
$2,500,000
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37 Shemogue Road
Port Elgin, New Brunswick E4M1C2

MLS® Number: NB110120

Listing Description

Prime Commercial Retail Development Property 2.5 Acres with High Traffic Exposure Location, visibility, and accessibility define the unparalleled investment opportunity presented by this commercial retail development property. Situated on a 2.5-acre lot at a bustling traffic circle, this site offers exceptional potential for businesses looking to capitalize on high consumer traffic and strategic positioning. With an impressive 1,850,000 vehicles passing by annually, this busy traffic circle, ensures prime visibility from multiple access points and surrounding provinces. Commercial retail ideal for a wide range of uses including retail, hospitality, service-oriented businesses, or mixed-use development. The traffic circle, known for its strategic placement, serves as a central hub that connects various major roads, making it a go-to spot for both local residents and commuters. With 2.5 acres of land, this property offers ample space for a variety of commercial developments, from standalone retail stores to grocery and fuel service or mixed-use spaces. The property received approvals (2020) for further development including expansion of the existing 4,000 square foot buildings to the addition of fuel pumps. The location's traffic exposure translates directly into higher brand awareness and increased sales opportunities. Dont miss out on the chance to invest in a property with unmatched traffic exposure and growth potential. (27839991)

Property Summary

Property Type
Other
Land Size
2.5 ac
Annual Property Taxes
$2,395
Time on REALTOR.ca
9 days

Building

Building Features
Features
Corner Site
Rental Equipment
None
Heating & Cooling
Cooling
None

Measurements

Total Finished Area
4400 sqft

Land

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