On the Scene with Sandy Lavigne


872 Regent Street Fredericton, New Brunswick E3B 3Y8

Heat Pump Baseboard Heaters, Heat Pump Landscaped


High visibility location on the Hill for this 4,400 square foot commercial building. With 2,400sq.ft of space on the main level, it can accommodate many uses such as large format day care, Medical Practice, Restaurant, Convenience Store (current use), Food service-take out. Zoned Local Commercial (LC). The new owner may have a use for the kitchen already present on the main floor. Upstairs is currently a 2,000sq.ft three bedroom apartment. Perhaps the new owner will have an owner occupant use for the second floor or decide to put in a tenant and generate rental income. Presently, the current owner resides in the apartment upstairs however a new owner may opt to generate income on that unit as well. Would make a smart investment for an owner occupant or strictly as an income generating property. Within walking distance to both Universities! Main floor potential revenue estimated at $5,000 per month plus HST for $60,000 annually and apartment estimated at $2,500 per month for $30,000 annual revenue. Separate heat pumps and electrical meters for each level so tenants could pay their own electrical. (id:42007)

Property Details

MLS® Number NB068093
Property Type Other
Amenities Near By Public Transit, Shopping
Equipment Type Propane Tank, Water Heater
Features Visual Exposure
Rental Equipment Type Propane Tank, Water Heater
Structure None


Constructed Date 2015
Cooling Type Heat Pump
Exterior Finish Metal, Other
Fire Protection Smoke Detectors
Fireplace Present No
Heating Fuel Electric
Heating Type Baseboard Heaters, Heat Pump
Roof Material Asphalt Shingle
Roof Style Unknown
Total Finished Area 4400 Sqft


Access Type Year-round Access
Acreage No
Land Amenities Public Transit, Shopping
Landscape Features Landscaped
Size Irregular 964.97
Size Total 964.97 M2
Size Total Text 964.97 M2
Zoning Description Lc



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