160-162 Trites Road, Riverview, New Brunswick

$395,000

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7,000

Square feet

0.99

Acres

About 160-162 Trites Road

A prominent one-acre investment and redevelopment opportunity at a highly visible, well-travelled intersection in Riverviews west endan area positioned to benefit from the communitys continued growth. The property is currently improved with a two-storey commercial building offering approximately 3,500 square feet per levelabout 7,000 square feet above gradeplus a dry, usable basement providing additional storage space. Two existing tenants occupy space on a month-to-month basis, generating immediate income while preserving flexibility for a purchasers future plans. Mid-Rise Residential (R-MR) zoning supports a range of housing options, including multiple-unit residential, townhouses, rowhouses and assisted-living or residential-care facilities. Conditional uses include ground-floor retail or office space in conjunction with a multiple-unit development. With approximately one acre, exceptional visibility and a strategic corner location, 160162 Trites Road offers the opportunity to generate value from the existing building while exploring the sites longer-term development potential as Riverviews west end continues to grow. Development possibilities are subject to municipal requirements and approvals. (id:6289)

More Info on this MLS® listing

160-162 Trites Road is a listing for sale in Riverview. The MLS® number is NB146706. It covers 7,000 square feet. It's currently listed for $395,000. For more details on MLS® NB146706, 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 160-162 Trites Road

Listing # NB146706
Price $395,000
Square Footage 7,000
Acres 0.99
Type Other

Community Information

Address 160-162 Trites Road
City Riverview
Province New Brunswick
Postal Code E1B3L9

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central air conditioning
Fireplace No
Has Basement No

Exterior

Lot Description 4009

Listing Details

OfficeONE. Commercial Real Estate Advisors

Listing Map

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