This 0-bedroom other in Shippagan offers 4,900 sqft of living area on a 0.14 ac lot. The property has lot dimensions of 0.14. The home features heat pump, electric heating, heat pump.
COMMERCIAL BUILDING WITH HIGH POTENTIAL MULTIPLE DEVELOPMENT POSSIBILITIES Strategically located on 10th Street in Shippagan, directly across from the university campus, this nearly 4,900 sq ft building presents a unique opportunity for investors, entrepreneurs, or professionals looking to develop a revenue-generating commercial project. The ground floor, currently operating as a retail space, offers a large open area that can easily be reconfigured to suit your needs: professional offices, private clinic, beauty salon, service center, specialty boutique, coworking space, or even a café/bistro (subject to municipal approvals). Upstairs, there are two residential units: A large apartment with 3 bedrooms, 2 full bathrooms, and a renovated kitchen with recent Trifab cabinetry, ideal for owner occupancy or long-term rental. A 3 ½ apartment already rented, generating immediate income. The current configuration also allows for: The creation of additional rental units, Partial conversion into an apartment building, Or a hybrid commercial + residential + office model. The building features electric heating and a heat pump, a 200-amp electrical service, municipal water service, and parking for approximately 10 vehicles. It boasts a prime location in a vibrant area, close to schools, shops, and essential services. This versatile building offers exceptional development potential in a growing sector. (id:60351)
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Listed by Kathleen Leger, Royal LePage Parkwood Realty
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Listing represented by Kathleen Leger, Royal LePage Parkwood Realty · MLS# NB132795
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.