140 10e Street, Shippagan, NB E8S1B9
140 10e Street, Shippagan, NB E8S1B9
140 10e Street, Shippagan, NB E8S1B9
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Prana Real Estate Ltd

Prana Real Estate Ltd

+1(403) 669-6360
$499,000
Est. payment /mo
4,900 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 4900

Square Footage 4,900 sqft

Price per Sqft $101

MLS® Listing ID NB132795

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Freehold

Property Description

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:24570)

Location

Province NB

Rooms

Kitchen 0.0

Interior

Heating Heat Pump,

Cooling Heat Pump

Exterior

Parking Features No

Community Features Fishing

View Y/N No

Attached Garage No

Garage No

Private Pool No

Others

Ownership Freehold

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Prana Real Estate Ltd

Prana Real Estate Ltd

+1(403) 669-6360

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