140 10e Street, Shippagan, New Brunswick E8S 1B9

Listed for:
$499,000
0 beds
0 baths
Listed 23 days ago
140 10e Street, Shippagan, New Brunswick E8S 1B9

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About

Take 10e rue in front of the UdeM-Campus Shippagan- Property is located on your left. COMMERCIAL BUILDING WITH HIGH POTENTIAL MULTIPLE DEVELOPMENT POSSIBILITIES Strategically located on 10th Street in Shippagan, directly across from the university campus, this nearly 4,900 sq ft building presents a unique opportunity for investors, entrepreneurs, or professionals looking to develop a revenue-generating commercial project. The ground floor, currently operating as a retail space, offers a large open area that can easily be reconfigured to suit your needs: professional offices, private clinic, beauty salon, service center, specialty boutique, coworking space, or even a café/bistro (subject to municipal approvals). Upstairs, there are two residential units: A large apartment with 3 bedrooms, 2 full bathrooms, and a renovated kitchen with recent Trifab cabinetry, ideal for owner occupancy or long-term rental. A 3 ½ apartment already rented, generating immediate income. The current configuration also allows for: The creation of additional rental units, Partial conversion into an apartment building, Or a hybrid commercial + residential + office model. The building features electric heating and a heat pump, a 200-amp electrical service, municipal water service, and parking for approximately 10 vehicles. It boasts a prime location in a vibrant area, close to schools, shops, and essential services. This versatile building offers exceptional development potential in a growing sector. (id:27476)

Property Highlights

MLS® Number
NB132795
Type
Other
Ownership Type
Freehold
Land Size
0.14 ac

Building

Square Footage
4900 sqft
Amenities
Shopping
Exterior Finish
Brick, Hardboard, Vinyl
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heat Pump
Heating Fuel
Electric
Building Cooling Type
Heat Pump

Location

Learn more about this property
Listing provided by:
Royal LePage Parkwood Realty
MLS® number:
NB132795
Agent:
Kathleen Leger
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