$ 995,000
979-981 Mountain Road Moncton, NB E1C2S5
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$ 995,000
Est. payment | /mo
0.27 Acres Lot
$ 995,000
Est. payment | /mo
0.27 Acres Lot
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS® Listing ID NB107289
Originating Board New Brunswick Real Estate Board
Lot Size 0.269 Acres
Acres 11700.37
Property Description
Prime Investment Opportunity Mixed-Use Building with Restaurant & Rental Unit on Mountain Road An exceptional opportunity for investors or restaurateurs! This mixed-use building at 979-981 Mountain Road houses a well-known Canadian-Chinese restaurant that has been a beloved community establishment for over 40 years. The restaurant is a turnkey operation with 30 seats and a strong, loyal clientele. In addition, the property includes an income-generating rental unit, further enhancing its investment appeal. Located on a high-traffic road with 200 feet of prime frontage, the property benefits from outstanding visibility and exposure, with convenient access to public transportation. For investors, there is an opportunity for further expansion, as two additional parcels (PID # 00752196 & 00788331) are available for sale and can be sold as a package (MLS# M161303), making this an ideal option for future growth. Once this property is sold, it will not be available again, presenting a unique chance to own a prime piece of real estate on this coveted stretch of Mountain Road. This is an exceptional opportunity to secure a property with multiple income streams and significant development potential. Contact your realtor for further details. (id:24570)
Location
Province NB
Interior
Heating Baseboard heaters, Heat Pump,
Cooling Heat Pump
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No
Listed by RE/MAX Quality Real Estate Inc.