$399,000 FOR SALE

Commercial/Retail

11089 Rue Principale
Rogersville, NB E4Y 2L9

Great opportunity for someone who wants an investment property. Long term tenant since 1973 ""National Bank"" and great visibility for any business. Lease on file with two years remaining on a renewable lease. Building is 2240 square feet with measurements of 32x70. This lovely building has been well maintained over the years and continually updated. Pride in ownership is evident. Recent updates include flooring, ATM machine, sound system, furniture and will be freshly painted. Cement slab with frost wall foundation, wood framed construction, steel open web ceiling (drop ceiling tiles), and aluminum windows. Exterior is brick and recently updated with stucco and painted. Electrical panel is 400 amp. Heating/cooling is roof top heat pump which was replaced approx 10 years ago. Roofing is commercial flat rubber membrane. Large paved parking with access from Rue Principale & Rue Centrale. This is a dry lease with tenant paying all utilities, municipal services, property tax, tenant insurance, snow removal, and yard maintenance. Lease is due for renewal October 31, 2025. Tenant pays $24,500/year in monthly instalments of $2041.67/month due 1st of each month. Owner pays liability insurance. now to add this property to your portfolio. ***Disclaimer...All measurements & information pertaining to this property and on this feature sheet to be verified for accuracy by Buyer(s) and Buyers' Agent*** (id:47423)

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Listed By RE/MAX Professionals
Data Provided By New Brunswick Real Estate Board
MLS® Listing Number NB094170
Last Updated May 01, 2024
Property Summary
Property Type Commercial/Retail

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Price History
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Detailed Information
Equipment None
Features Visual exposure
Municipal ID 40157976 / 40157984
Ownership Type Freehold
Property Type Other
Rental Equipment None
Transaction Type For sale
Zoning Description Commercial
Building
Constructed Date 1973
Cooling Type Heat Pump
Exterior Finish Brick, Stucco
Heating Type Heat Pump, See remarks
Roof Material Other,Membrane
Roof Style Unknown,Unknown
Total Finished Area 2240 sqft
Land
Total Size 1238 square meters
Access Type Year-round access
Size of Irregular Land 1238

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