916 Bayside DriveSaint John, NB E2R 1A2
Description
Hello Investors! This exceptional commercial investment opportunity features a long-term, secure lease in place with an international tenant until 2043, offering stability and predictable income for years to come. The property sits on approximately 1 acre of land and includes a well-maintained 5,260 sq. ft. building, ideally suited for industrial use. Strategically located within one of Saint Johns established industrial hubs, the property benefits from strong surrounding businesses, easy access to major transportation routes, and continued demand for industrial space. Why this investment stands out: 1)Long-term lease security with a reputable international tenant. 2)Stable, hands-off income with minimal management requirements. 3)Prime industrial location with strong tenant demand. 4) Current tenant invested $300,000 in the Building, showing Long-Term Commitment and Stability. (id:31684)
Property Information
- Living area
- 5,260 Sq Ft
- Lot size
- 46,382 Sq Ft
- Lot dimensions
- 46382
- Ownership
- Freehold
- Listing #
- NB138299
Property Features
- Heating
- Baseboard · Forced Air · Electric · Natural Gas
- Lot features
- Level
- Construction
- Aluminum Siding · Brick · Metal Siding
- Security
- Security System
Financial Details
- Annual taxes
- $13,334
- Parcel number
- 55237721
Directions
Drive straight along Bayside Drive into the industrial park the property will be on your right.
Listing Courtesy: eXp Realty
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Saint John Market Statistics
How this property compares to 479 active listings in Saint John, NB
| Saint John median | This listing | |
|---|---|---|
| Median listing price | $345,854 | $549,000 |
| Median days on market | 49 | — |
| Median Sq Ft | 2,000 | 5,260 |
| Median price / Sq Ft | $180 | $104 |
Market statistics compiled from active EXIT Realty® and MLS listings in Saint John, NB.
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Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 194-196 Union Street, Saint John, NB | $549,000 | — | — | 3,500 |
| 23 Harding Street, Saint John, NB | $559,900 | 3 | 4 | 1,678 |
| 1506 Loch Lomond Road, Saint John, NB | $539,000 | — | — | 1,260 |
| 219 Germain Street, Saint John, NB | $575,000 | 6 | 3 | 3,300 |
