On the Scene with Sandy Lavigne
https://qingqingluo.wixsite.com/my-site-5 (click for more info) Seeking a savvy investment that promises sustainable rental income & future growth potential? Look no further! This property in the heart of Fredericton's industrial park, offers an unparalleled investment opportunity. It offers an ideal investment opportunity with a sustainable rental income stream. Current tenant has committed to a 2yr rental contract, guaranteeing a stable cash flow, making it easier to secure a mortgage. The expansive lot size provides ample room for future expansion. Location-easy access to major highways and the US border, 10 minutes from the YFC International Airport. It's positioned for growth & success for manufacturers/exporters location-wise. Property consists of 3 buildings on 5000+sqm lot. Main building features 5000sqf of steel frame construction-fully finished, being used as a commercial gym & U-Haul rental business. There is a separate office space in the back of the main building that's currently rented to another tenant. Other 2 buildings are a warehouse & garage. These 2 buildings offer 4000+ sqf of storage & workshop space that can complement any business operations in the main building or to be rented out to other businesses. A security gate separates the main building & other 2 buildings. Main building & warehouse are currently generating a total rental income of $80,000+/annually. Garage is not occupied, can be used for your own business or generate more rental income. (id:42007)
Business Type | Industrial |
Business Sub Type | Industrial |
MLS® Number | NB092606 |
Property Type | Industrial |
Equipment Type | Other, Water Heater |
Rental Equipment Type | Other, Water Heater |
Cooling Type | Heat Pump |
Fireplace Present | No |
Heating Fuel | Electric |
Heating Type | Baseboard Heaters, Heat Pump |
Roof Material | Metal |
Roof Style | Unknown |
Total Finished Area | 5048 Sqft |
Access Type | Highway Access |
Acreage | Yes |
Size Irregular | 5097.56 |
Size Total | 5097.56 M2 |
Size Total Text | 5097.56 M2 |
https://www.realtor.ca/real-estate/26144503/96-hodgson-road-fredericton
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