4097 Main Street, Belledune

$930,000

New Price
0 Beds
0 Baths
12,740 Sqft
2 Acres

Value Proposition: The intrinsic value associated with the assets can be summarized as $50 per sq.ft for the building and $0.10 per sq.ft for the acquisition of the adjacent land. Location & Characteristics: Located in Belledune, which has a deep sea port facility, a power station and an industrial park with vacant lots available. Belledune also has the largest protective natural area in the province, which is currently an underutilized asset for Eco Tourism. It is the Jacquet River Gorge. Current Business Use: The first floor has been partly insulated and is awaiting redevelopment opportunity. The power distribution system and the water distribution/ plumbing are located on the first floor. The height of the ceiling is 11 feet; hence, redeveloping into a commercial space is an option. There is one access via the middle entrance in the front and one in the back. The second floor has six apartments, one under renovation and one office. The third floor has eight apartments Future Business Use Repurposing Options: The building is solid. The lands could be repurposed to become a Hotel franchisee or an Ecotourism Centre. Both options would generate higher income from the assets. The adjacent 50 acres could accommodate a housing subdivision, a mobile home park, a group of cottages or a tiny house park. Asking Price: The building can be purchased on its own for $ 960,000 with two acres of land. The asking price for all assets is $1,300,000. Price is negotiable! (id:6289)

Essential Information
Listing #NB071779
Price$930,000
Bathrooms0.00
Square Footage12,740
Acres2.00
Year Built1952
TypeMulti-family
Community Information
Address4097 Main Street
CityBelledune
ProvinceNew Brunswick
Postal CodeE8G2K9
Amenities
FeaturesLevel lot
Interior
AppliancesRefrigerator, Stove
HeatingElectric
# of Stories2
Exterior
ExteriorBrick
RoofAsphalt shingle
FoundationConcrete
Listing Details
OfficeRE/MAX 3000 Ltd/Ltée (B)

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