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6 Tim Street Saint John, New Brunswick E2H 1X7

Baseboard Heaters, Forced Air Landscaped

$1,500,000

MASSIVE COMMERCIAL BUILDING AND BUSINESS. 7% CAP RATE NOT INCLUDING BUSINESS INCOME!! Located just a turn off one of the busiest commercial roads in Saint John with quick highway access and over a half acre of paved parking. This building is fully occupied and has expansion room available into warehouse area. NO FLOODING ISSUES. Long term successful Kitchen fabrication and installation business is turn key with custom machinery, workshop, storage and road front showroom. Total property size is just under one acre. Building is 225' x 60' on main level with upper level storage warehouse. Commercial rent potential of $135,000 a year with tenants paying for their own heat. Expenses of $28,254 with a Net of $106746. This DOES NOT include the business income which is included in the sale. Business is vibrant and there is easy potential to expand for the motivated owner. Financials available with signed Confidentiality Agreement. (id:31036)

Property Details

MLS® Number NB060930
Property Type Other
Features Level Lot

Building

Constructed Date 1973
Exterior Finish Brick, Stucco
Fireplace Present No
Heating Fuel Electric, Oil
Heating Type Baseboard Heaters, Forced Air
Roof Material Metal
Roof Style Unknown
Total Finished Area 18900 Sqft

Land

Access Type Year-round Access
Acreage No
Landscape Features Landscaped
Size Irregular 41110
Size Total 41110 Sqft
Size Total Text 41110 Sqft

https://www.realtor.ca/real-estate/23438671/6-tim-street-saint-john

Interested?

Contact us for more information


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Peter Coughlan
Salesperson

(506) 608-4866

Royal LePage Atlantic (S105)
71 Paradise Row
Saint John, New Brunswick E2K 3H6

(506) 658-6440
(506) 658-1149
royallepageatlantic.com

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