500 Vanier ST, Campbellton, NB, E8C 1V7

MLS® # NB123771

Commercial For Sale In Campbellton, New Brunswick

$159,000

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500 Vanier ST, Campbellton, NB, E8C 1V7

$159,000

Property Information:

For more information, please click Multimedia button. Income-Producing Property With Permit-Ready Expansion & Flexible Financing. Commercial Appraisal available with as is value at $323,000. Well-positioned income and development opportunity offering immediate cash flow and significant long-term upside. The property comprises approximately 10,600 sq. ft. and currently generates approximately $2,400 per month in rental income, providing stable holding income from day one. Completed building plans and permits are in place for expansion to 15 total units, with an approved zoning variance allowing up to 21 units, offering strong density and redevelopment potential for investors or owner-operators. The property may be eligible for Campbellton’s Housing Accelerator Fund, with potential access to up to $280,000 in grant funding. To facilitate a timely transaction, the seller is open to flexible vendor take-back financing for qualified buyers, reducing reliance on traditional lenders and allowing for creative deal structuring. Key features include: Existing stabilized monthly income Permit-ready expansion plans Strong development and density potential Eligibility for municipal funding incentives Flexible financing options available An ideal opportunity for purchasers seeking cash flow today with the ability to unlock additional value over time. Seller motivated and open to structured offers. ?? Contact for additional details, financial information, and photos.

Building Features:

Total Finished Area: 10600 Square Feet

Property Features:

Built in: 1950
Construction: Block, Concrete
Driveway: Paved
Exterior: Brick
Floor: Concrete
Heating Cooling: Electric
Property Size: 1.0 - 2.99 Acres
Roof: Asphalt Shingle
Site Influences: Golf Course, Hospital, School(s) Nearby, Ski Hill(s) Nearby, Visual Exposure
Title To Land: Freehold

Courtesy of: Easy List Realty

Data provided by: Greater Moncton REALTORS® du Grand Moncton 541 St. George Blvd., Moncton, New Brunswick E1E 2B6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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