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708 Coverdale RD, Riverview, NB, E1B 3L1
MLS® # M135850
Investment For Sale In Riverview, New Brunswick
$550,000
708 Coverdale Rd, Riverview, NB
708 Coverdale Rd, Riverview, NB
708 Coverdale Rd, Riverview, NB
708 Coverdale Rd, Riverview, NB
708 Coverdale Rd, Riverview, NB
708 Coverdale Rd, Riverview, NB
708 Coverdale Rd, Riverview, NB
708 Coverdale Rd, Riverview, NB
708 Coverdale Rd, Riverview, NB
708 Coverdale Rd, Riverview, NB
708 Coverdale Rd, Riverview, NB
708 Coverdale Rd, Riverview, NB
708 Coverdale Rd, Riverview, NB
708 Coverdale Rd, Riverview, NB
708 Coverdale Rd, Riverview, NB
708 Coverdale Rd, Riverview, NB
708 Coverdale Rd, Riverview, NB
708 Coverdale Rd, Riverview, NB
708 Coverdale Rd, Riverview, NB
708 Coverdale Rd, Riverview, NB
708 Coverdale Rd, Riverview, NB
708 Coverdale Rd, Riverview, NB
708 Coverdale Rd, Riverview, NB
708 Coverdale Rd, Riverview, NB
708 Coverdale Rd, Riverview, NB
708 Coverdale Rd, Riverview, NB
708 Coverdale Rd, Riverview, NB
708 Coverdale Rd, Riverview, NB
708 Coverdale Rd, Riverview, NB
708 Coverdale Rd, Riverview, NB
708 Coverdale Rd, Riverview, NB
708 Coverdale Rd, Riverview, NB
708 Coverdale Rd, Riverview, NB
708 Coverdale Rd, Riverview, NB
708 Coverdale Rd, Riverview, NB
708 Coverdale Rd, Riverview, NB
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708 Coverdale RD, Riverview, NB, E1B 3L1
$550,000

Property Information:

INCOME OPPORTUNITY … This commercial property is a great business opportunity and comes with two buildings. BOTH BUILDINGS ARE SOLD TOGETHER (see MLS®M135849 and M135850). Having both buildings together offer great parking for everyone.It is situated in a prime real estate area, on the main road of Riverview. 708 Coverdale Road is a building with endless opportunities. Perfect for massage therapists, aesthetics or offices but also has the potential to be a 4 plex or much more. Currently in the basement includes two apartments with non conforming bedrooms, one that features 1 bedroom, 3-piece bath, an eat-in kitchen and a large living area. The other apartment has 2-bedroom, 3-piece bath, eat in kitchen and a living area, the second apartment needs a little TLC. 710 Coverdale Road offers a chance to rent to 3 well-established businesses with many loyal customers. And have been long-term renters. In this building, you have a café, Damascus Coffee which has a licenced kitchen, Walton’s bakeshop which has a commercial kitchen and Wize Guyz the bar. This is a commercial property that you do not want to miss out on! It offers great rents, both buildings together offer over 100k in rents.

Property Features:

  • Property Type: Commercial
  • Commercial Type: Comm Liv Qtrs
  • Floor Space (approx): 3600 Square Feet
  • Heating Cooling: Electric, Heat Pump - Ductless
  • Lot Size: 42.84 x 147.4
  • Property Size: Under 0.5 Acres
  • Property Sub Type: Investment
  • Title To Land: Freehold
  • Type Of Sale: Building and Property

Courtesy of: Royal LePage Atlantic

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

Market Price Trends

Location of 708 Coverdale RD, Riverview, NB, E1B 3L1

Demographic Information of 708 Coverdale RD, Riverview, NB, E1B 3L1

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$59,789.92

Average Number of Children

0.79

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.54 %

High school certificate or equivalent

33.08 %

Apprenticeship trade certificate/diploma

3.3 %

College/non-university certificate

25.86 %

University certificate (below bachelor)

1.37 %

University Degree

9.73 %

Commuter

Travel To Work

By Car

79.91 %

By Public Transit

1.67 %

By Walking

11.59 %

By Bicycle

0.0 %

By Other Methods

6.83 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

42.17 %

Houses

57.83 %

Own Vs. Rent