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:47423)
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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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