191-197 Université Avenue, Moncton, New Brunswick

$1,595,000

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4,561

Square feet

0.32

Acres

About 191-197 Université Avenue

This great investment property has been fully renovated and includes 2 buildings and a parking lot all on one lot zoned MU. 191 Université includes 6 units, two 1 bedroom, two 2 bedrooms and 2 main floor commercial units. 197 Université is a stand alone building currently optimized for a medical clinic but could easily be adaptable for a wide range of professional uses, including Law or Accounting Firms Specialized Medical Practitioners (Physiotherapy, Dental, etc.), Creative Agencies or Tech Startups. Situated on Université avenue, these buildings benefit from high visibility and foot traffic. The location is a magnet for both commercial tenants seeking professional exposure and residential tenants wanting proximity to the University, local hospitals, and the downtown core. The synergy of the neighborhood ensures a low vacancy rate and consistent demand across all unit types. As the Université corridor continues to develop, property values in this specific pocket are projected to see steady growth. The high-quality renovation ensures that the property will remain competitive in the rental market for decades to come, commanding top-tier rents in any economy. (id:6289)

More Info on this MLS® listing

191-197 Université Avenue is a listing for sale in Moncton. The MLS® number is NB135722. It covers 4,561 square feet. It's currently listed for $1,595,000. For more details on MLS® NB135722, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in Moncton is available now!

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Features of 191-197 Université Avenue

Listing # NB135722
Price $1,595,000
Square Footage 4,561
Acres 0.32
Type Multi-family

Community Information

Address 191-197 Université Avenue
City Moncton
Province New Brunswick
Postal Code E1C5K4

Amenities

Features Level lot, Wheelchair access
Is Waterfront No
Has Pool No

Interior

Appliances Washer, Refrigerator, Stove, Dryer
Heating Heat Pump, Baseboard heaters, Electric
Cooling Heat Pump
Fireplace No
Has Basement Yes
Basement Partially finished, Full

Exterior

Exterior Other, Aluminum/Vinyl
Lot Description 1289
Foundation Concrete

Additional Information

Zoning MU

Listing Details

OfficeRoyal LePage Atlantic

Listing Map

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