- For sale
0.65-acre property with existing commercial building providing numerous opportunities including redevelopment
The portfolio is made up of the iconic former Deluxe restaurant with a second level fully rented apartment, 42 paved on-site parking spaces and excess land.
There are several different potential opportunities for this property:
- Start your next restaurant or business endeavour in the former Deluxe space and continue to generate income with the second level apartment, or you could also lease out the former restaurant space;
- Develop the land surrounding the existing 4,500 SF building for additional commercial usages; or
- Completely redevelopment the entire 0.65-acre property for a new project such as a multi-unit construction or mixed use commercial/residential development.
With Suburban Commercial zoning, there are numerous potential usages for this portfolio. This is the type of acquisition that you can utilize to generate income while you plan out a strategic approach for the years to come.
Extremely well-located in the heart of Downtown Moncton with frontage directly on St. George Street, this opportunity offers exceptional visibility, exposure and access.
St. George Street is a key artery in the Downtown core that provides quick access to Main Street, Vaughan Harvey, Mountain Road and more. In the immediate surrounding area, there are numerous amenities, including restaurants, financial services and more. The surrounding neighbourhood is a combination of commercial and residential. This area continues to see exponential growth and new development. This is your opportunity to be a part of it!
|PID 00689158||0.16 Acres|
|PID 00689166||0.10 Acres|
|PID 00690024||0.12 Acres|
|PID 00690032||0.07 Acres|
|PID 70351879||0.15 Acres|
|PID 70526850||0.05 Acres|
|Commercial Building||4,500 SF|