9418 MainRichibucto, NB E4W 4E2
Description
Investor opportunity in the heart of Richibucto with a VTB available. This versatile mixed-use triplex offers stable income, strong visibility, and clear future upside in a high-exposure Main Street location. The property currently includes two commercial units and one residential one-bedroom apartment, with long-term tenants already in place. The commercial spaces are occupied by a sign shop and a day Care/Coffee Shop, both operating primarily Monday to Friday, creating a low-impact tenant profile and a property that is straightforward to manage. Each unit is separately metered, helping keep operating responsibilities clean and efficient. Recent improvements include a new roof in 2024, adding confidence for investors looking for a lower-maintenance acquisition. The property also offers ample parking, water views, and is located just steps from the public marina, local businesses, services, and community amenities. What makes this property especially attractive is the future potential. The existing structure offers possible room to reconfigure and create an additional unit within the current layout, subject to approvals. There may also be opportunity to expand the structure over time, giving the next owner multiple paths to increase income, improve value, and force appreciation. Whether the goal is steady cash flow, a mixed-use portfolio addition, or a long-term value-add play, this property offers the right fundamentals: location, tenants, visibility, flexibility, and upside. A practical income property with stable tenancy today and clear growth potential for tomorrow. (id:31684)
Property Information
- Property type
- Residential Income
- Sub-type
- Multi Family
- Structure type
- Triplex
- Living area
- 2,400 Sq Ft
- Lot dimensions
- 316
- Ownership
- Freehold
- Listing #
- NB143256
Property Features
- Appliances
- Cooktop · Refrigerator
- Heating
- Baseboard · Electric
- Flooring
- Vinyl
- Basement
- Crawl Space
- Construction
- Vinyl Siding
- Foundation
- Block
- Sewer
- Public Sewer
- Water source
- Public
Financial Details
- Annual taxes
- $6,323
- Parcel number
- 25144981
Directions
Take exit 54 to Richibucto to main st and the property is on the left-hand side across from La Riva Grill
Listing Courtesy: eXp Realty
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