This well-maintained, single-tenant office building is located very close to the major retail section in Sussex and just a street away from the Gateway Mall and near the main thoroughfare through Sussex. The building spans 12, 267 square feet and is fully occupied by tenants of the Province of New Brunswick, ensuring excellent covenants and stable income. Constructed with a steel frame structure and poured reinforced concrete slab, the building features a one-storey, above-grade layout. Exterior boasts wood shingles with stained finish and asphalt shingle roof. Interior with a mix of ceramic tile and carpet flooring. Equipped with roof-mounted HVAC systems and perimeter electric baseboard heaters and has public and employee washrooms located throughout. Ample parking with 46 lined spots at the front, side and rear. Expenses for the property are recharged to the tenant based on increases over base year costs, providing additional financial stability for the investor. Vendor owns two other properties leased to the Province of New Brunswick so all three properties could be sold as a package. Vendor would also consider share sale of Round Square Holdings Ltd. (id:47423)
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Detailed Information
Amenities Nearby
Shopping
Equipment
Water Heater
Features
Level lot, Visual exposure
Municipal ID
30135487
Ownership Type
Freehold
Property Type
Office
Rental Equipment
Water Heater
Transaction Type
For sale
Zoning Description
SMC
Business
Business Type
Other
Business Subtype
Offices
Building
Constructed Date
1989
Cooling Type
Air Conditioned, Heat Pump
Exterior Finish
Other
Fire Protection
Smoke Detectors
Heating Fuel
Electric
Heating Type
Baseboard heaters, Heat Pump
Roof Material
Asphalt shingle
Roof Style
Unknown
Total Finished Area
12267 sqft
Land
Total Size
44950 square feet
Access Type
Year-round access
Acreage
Yes
Amenities
Shopping
Landscape Features
Landscaped
Size of Irregular Land
44950
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