$1,250,000
FOR SALE

Office

275a Restigouche Road
Oromocto, NB E2V 2H1

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. (id:47421)
Share
Listed By Colliers International
Data Provided By New Brunswick Real Estate Board
MLS® Listing Number NB105907
Last Updated Oct 01, 2024
Property Summary
Property Type Office

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Use Office
Price History

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Detailed Information
Amenities Nearby Recreation Nearby, Shopping
Equipment Water Heater
Features Level lot, Visual exposure
Municipal ID 60141017
Ownership Type Freehold
Property Type Office
Rental Equipment Water Heater
Transaction Type For sale
Zoning Description TPIND
Business
Business Type Other
Business Subtype Offices
Building
Constructed Date 1993
Cooling Type Air Conditioned, Heat Pump
Exterior Finish Other
Fire Protection Smoke Detectors
Heating Type Baseboard heaters, Heat Pump
Roof Material Asphalt shingle
Roof Style Unknown
Total Finished Area 4472 sqft
Land
Total Size 57145 square feet
Access Type Year-round access
Acreage Yes
Amenities Recreation Nearby, Shopping
Landscape Features Landscaped
Size of Irregular Land 57145

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