This property is zoned as Suburban Commercial (SC), offering incredible potential for development. With ample space for a 3 to 4 story building, this site is perfect for a variety of future projects. The city's development team has advised that 27 Bishop (located behind 1654 Main st) is zoned for a separate build for possibly a 4 to 5 unit rental dwelling. The property consists of two buildings, each offering versatile rental opportunities: Building 1 is a house divided into two units: Unit A: A spacious 1-bedroom apartment with its own kitchen and living room. Unit B: A 3-bedroom unit featuring a shared kitchen and full bathroom. Building 2 is a two-level structure with 12 motel units, each equipped with private bathrooms, providing steady rental income. The motel has seen many updates since the new ownership. This unique property offers a combination of residential and commercial space, with zoning that allows for further development and growth. Whether you're looking to expand the current business or develop a new project, the potential here is substantial. Don't miss out on this opportunity-contact your REALTOR® today to schedule a viewing and review income/expenses as well as a list of updates to the property. (id:47423)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Amenities Nearby
Public Transit
Location Description
Coming from downtown Moncton, left on Main St Across Jones Lake
Municipal ID
00706507
Property Type
Other
Transaction Type
For sale
Business
Business Type
Accommodation
Business Subtype
Hotel/motel
Building
Fire Protection
Monitored Alarm
Heating Fuel
Electric
Total Finished Area
2700 sqft
Land
Total Size
1463 square meters
Access Type
Year-round access
Amenities
Public Transit
Size of Irregular Land
1463
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