1032 Cleveland Avenue, Riverview, New Brunswick

$9,800,000

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39,410

Square feet

1.11

Acres

About 1032 Cleveland Avenue

Completed in January 2025, 1032 Cleveland Avenue is a newly constructed 35-unit multi-residential asset located in Riverviews fastest-growing commercial node. This modern apartment building offers strong curb appeal, high-quality construction, and contemporary unit layouts designed to attract a broad tenant profile and support long-term occupancy stability. The property features an excellent parking ratio with 23 underground stalls and 29 surface parking spaces, enhancing tenant convenience and overall asset competitiveness. Units are built to top-tier rental standards with efficient floor plans and bright, modern finishes. Tenants benefit from walkable access to major retailers, restaurants, services, schools, parks, and public transit, along with quick connectivity to Gunningsville Boulevard and Downtown Moncton, making this one of the areas most desirable rental nodes. An added value component includes 0.41 acres of surplus land with conceptual plans for approximately 4,000 square feet of future commercial development, offering long-term expansion potential. Optional opportunity to acquire a separate fully leased commercial building occupied by a national tenant. Turnkey, institutional-quality asset in one of Greater Monctons strongest rental markets with built-in growth drivers. Financials are available after a signed NDA. (id:6289)

More Info on this MLS® listing

1032 Cleveland Avenue is a listing for sale in Riverview. The MLS® number is NB134427. It was built in 2025 and covers 39,410 square feet. It's currently listed for $9,800,000. For more details on MLS® NB134427, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in Riverview is available now!

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Features of 1032 Cleveland Avenue

Listing # NB134427
Price $9,800,000
Square Footage 39,410
Acres 1.11
Year Built 2025
Type Multi-family

Community Information

Address 1032 Cleveland Avenue
City Riverview
Province New Brunswick
Postal Code E1B0K8

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Baseboard heaters
Cooling Air Conditioned
Fireplace No
Has Basement No
Basement None

Exterior

Lot Description 1.11

Listing Details

OfficeColliers International New Brunswick

Listing Map

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