Hello Investors! This exceptional commercial investment opportunity features a long-term, secure lease in place with an international tenant until 2043, offering stability and predictable income for years to come. The property sits on approximately 1 acre of land and includes a well-maintained 5,260 sq. ft. building, ideally suited for industrial use. Strategically located within one of Saint Johns established industrial hubs, the property benefits from strong surrounding businesses, easy access to major transportation routes, and continued demand for industrial space. Why this investment stands out: 1)Long-term lease security with a reputable international tenant. 2)Stable, hands-off income with minimal management requirements. 3)Prime industrial location with strong tenant demand. 4) Current tenant invested $300,000 in the Building, showing Long-Term Commitment and Stability. (id:13843)
| MLS # | NB138299 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 117 |
| Listing Provided By | eXp Realty | Steve Ryan |
| SQ Feet | 5,260 |
|---|---|
| Acreage | 1.06 |
| Lot Features | Level lot, Doors 15 to 20 ft., Industrial mall/subdivision |
|---|
| Tax Annual Amount | 13333.61 |
|---|
| Province | NB |
|---|---|
| City | Saint John |
| Postal Code | E2R1A2 |
| Listing VS Median (in E2R1A2) | |
Price: $549,000 low | high Med: $549,000 sqft: 5,260 low | high Med: 5,260 $ / sqft: $104 low | high Med: $104 On site: 117 low | high Med: 117 | |
| Province | NB |
|---|---|
| City | Saint John |
| Postal Code | E2R1A2 |
| Listing VS Median (in E2R1A2) | |
Price: $549,000 low | high Med: $549,000 sqft: 5,260 low | high Med: 5,260 $ / sqft: $104 low | high Med: $104 On site: 117 low | high Med: 117 | |