872 Regent Street, Fredericton, New Brunswick
$599,000 - For Sale
A premium commercial property located on a high-traffic, high-exposure area in uptown Fredericton. This 4,400 sq. ft. building consists of two levels: 2,400 sq. ft. of commercial space on the main level currently operated as a restaurant and convenience store and 2,000 sq. ft. 3-bedroom apartment on the second floor. The business is being sold separately and sales is up 10 to 18 percent every year from 2016-2018. All business equipment and fixtures are new and was purchased in 2015. The building has heat pumps which results to low power costs for the business, at around $800/month. The new owner can live on the second floor apartment or rent it out for $1,500/month.
Parking lot can accommodate about 10 cars.
- Property Type:Commercial
- Taxes:$13,197 (2018)
- Exterior Type:Other