This industrial property is a valuable investment opportunity situated on 3.48 acres across two PIDs (00270371 and 00270363). The site features a 30,000 sq ft building, constructed in 1975, which includes a 26,600 sq ft warehouse and a 3,405 sq ft office space. The building boasts a 16-foot clear ceiling height, a 15-year-old membrane roof, and is heated by a hot water oil system with unit heaters. It is well-equipped for industrial operations with a 1000 amp, 600V, 3-phase electrical entrance, multiple loading doors (one 12x12' and two 8x8'), and three travel cranes. Additional features include a rainfall paint booth, a compressor, and numerous welding fume extraction fans. The property is currently generating revenue at $4.66 per square foot (net) from its sole tenant, New York Thermal (NTI), whose lease expires on August 31, 2026. This property offers a chance to secure a strategic location for future needs while benefiting from existing rental income. (28995738)
The recommended route is via Main St/NB-121 E and Leonard Dr.
Annual Property Taxes
$53,010.75 (CAD)
Time on REALTOR.ca
92 days
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