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283-285, 273-275 Broadway Boulevard Grand Falls, New Brunswick E3Z 2K1

Heat Pump Baseboard Heaters, Heat Pump

$850,000

Exciting Investment Opportunity: 11-Unit Mixed-Use Building! Discover a prime investment opportunity in the heart of Grand Falls! This newly listed 11-unit mixed-use building, located on bustling Broadway Blvd, offers a diverse portfolio to savvy investors. The property features three commercial spaces, perfect for retail or office use, which benefit from high visibility and foot traffic. Additionally, there are 8 spacious and well-maintained residential units, ensuring steady rental income, as well as one storage unit. A rare find in downtown, the building comes with ten private parking spaces, providing significant convenience and added value for tenants. Situated in a vibrant and growing area, this property enjoys excellent exposure and accessibility, being close to shops, restaurants, public transportation, and other amenities. With solid construction and potential for modernization or customization, this well-maintained building presents an opportunity to further increase its value. Established tenants in both commercial and residential units offer immediate revenue, making this a maximized opportunity to expand your portfolio with a property that combines commercial and residential income streams. Whether you're a seasoned investor or looking to make your first major investment, this building promises substantial returns and long-term growth. Dont miss out on this unique opportunity to own a significant piece of downtown Grand Falls. Call today for more details! (id:54073)

Property Details

MLS® Number NB101743
Property Type Multi-family
EquipmentType Water Heater
RentalEquipmentType Water Heater

Building

CoolingType Heat Pump
ExteriorFinish Brick, Vinyl
HeatingFuel Electric
HeatingType Baseboard Heaters, Heat Pump
TotalFinishedArea 5000 Sqft
UtilityWater Municipal Water

Land

AccessType Year-round Access
Acreage No
Sewer Municipal Sewage System
SizeIrregular 1364
SizeTotal 1364 M2
SizeTotalText 1364 M2

https://www.realtor.ca/real-estate/27024008/283-285-273-275-broadway-boulevard-grand-falls

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