160-162 Trites Road, Riverview, New Brunswick E1B 3L9

Listed for:
$395,000
0 beds
0 baths
Listed 31 days ago
160-162 Trites Road, Riverview, New Brunswick E1B 3L9

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About

Taking either bridge from Moncton, head west along Coverdale to Trites Road, and then southerly to the intersection of Whitepine. A prominent one-acre investment and redevelopment opportunity at a highly visible, well-travelled intersection in Riverviews west endan area positioned to benefit from the communitys continued growth. The property is currently improved with a two-storey commercial building offering approximately 3,500 square feet per levelabout 7,000 square feet above gradeplus a dry, usable basement providing additional storage space. Two existing tenants occupy space on a month-to-month basis, generating immediate income while preserving flexibility for a purchasers future plans. Mid-Rise Residential (R-MR) zoning supports a range of housing options, including multiple-unit residential, townhouses, rowhouses and assisted-living or residential-care facilities. Conditional uses include ground-floor retail or office space in conjunction with a multiple-unit development. With approximately one acre, exceptional visibility and a strategic corner location, 160162 Trites Road offers the opportunity to generate value from the existing building while exploring the sites longer-term development potential as Riverviews west end continues to grow. Development possibilities are subject to municipal requirements and approvals. (id:27476)

Property Highlights

MLS® Number
NB146706
Type
Other
Ownership Type
Freehold
Land Size
4009 m2

Building

Square Footage
7000 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type
Central air conditioning

Location

Learn more about this property
Listing provided by:
ONE. Commercial Real Estate Advisors
MLS® number:
NB146706
Agent:
Shane Thomson
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