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Home NB Westmorland County Port Elgin
37 Shemogue Road
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37 Shemogue Road $1,350,000
$1,350,000
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37 Shemogue Road
Port Elgin, New Brunswick E4M1C2

MLS® Number: NB122168

Listing Description

LOCATED ON THE ROTARY INTERSECTION THAT DIRECTS TRAFFIC TO NB, NS AND THE ONLY ACCESS TO CONFEDERATION BRIDGE TO PEI. This exceptional 2.5-acre commercial development site offers unmatched exposure and accessibility making this an ideal location for retail, hospitality, or service-oriented businesses. Having approx. 2 million vehicles travel through the area, the site provides premium visibility and easy access from multiple directions and neighboring provinces. Strategically positioned at a key junction that connects several major roadways, this property serves as a vital hub for both local traffic, commuters and travelers between provinces. Its generous size allows for a wide range of development possibilities, including standalone retail outlets, fuel stations, grocery, or mixed-use projects.The property currently includes two existing buildings equaling 4,400 sq. ft. at ground level and an additional 4400 sqft of 10' height basements (freight elevator on site for installation if required) and was granted development approvals in 2020 for adding a center unit with basement between the existing buildings, alongside the addition of fuel pumps. The high daily traffic volume offers a unique advantage for brand exposure and potential revenue growth with neighboring vacant land parcels potentially available for further expansion. (28679146)

Property Summary

Property Type
Other
Title
Freehold
Land Size
2.5 ac
Annual Property Taxes
$2,623.04
Time on REALTOR.ca
166 days

Building

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

Measurements

Square Footage
4400 sqft
Total Finished Area
4400 sqft

Land

Lot Features
Road Type
Paved road
Other Property Information
Access
Highway access, Road access
Data provided by: New Brunswick REALTORS®
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Stefan Popescu