548 Milford Road, Saint John

$569,000

0 Beds
0 Baths
2,800 Sqft
.8 Acres

Looking for a TURN KEY investment opportunity in a high traffic area? This strip mall with ample parking is the only multi unit commercial property in Milford, located on the way to the newly developed Dominion Park. You can continue to run the well established convenience store, change it to another business, lease it or you can divide the large space into more rental units. The possibilities are endless... All this while earning a steady income from the other three rental units and a large parcel of land for future development. Whether you're a seasoned investor or a newcomer to commercial real estate, this property promised substantial returns and long term growth potential. The potential rent for Snackers $3500. Unit 1 $1500. Unit 2 $1000. Unit 3 $900. Expenses SJE 9600, SJW 1800, INS 3000, Maint 1860. This would give a cap of approx 10%!! For financials for Snackers, NDA must be signed. Don't let this incredible opportunity slip away, give us a call or text. Seller may be willing to offer VTB! (id:6289)

Essential Information
Listing #NB096244
Price$569,000
Bathrooms0.00
Square Footage2,800
Acres0.80
TypeOther
Sub-TypeFreehold
Community Information
Address548 Milford Road
CitySaint John
ProvinceNew Brunswick
Postal CodeE2M4R7
Interior
HeatingElectric Heat Pump
CoolingHeat Pump
Exterior
RoofTar & gravel
Listing Details
OfficeCENTURY 21 ALL SEASONS REALTY

Get directions to this property:

Sign up for email updates