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:27750)
| MLS® Number | NB138299 |
| Property Type | Other |
| Equipment Type | Water Heater |
| Features | Level Lot, Doors 15 To 20 Ft., Industrial Mall/subdivision |
| Rental Equipment Type | Water Heater |
| Structure | None |
| Exterior Finish | Aluminum Siding, Brick, Metal |
| Fire Protection | Alarm System |
| Heating Fuel | Electric, Natural Gas |
| Heating Type | Baseboard Heaters, Forced Air |
| Size Interior | 5,260 Ft2 |
| Total Finished Area | 5260 Sqft |
| Access Type | Year-round Access, Public Road |
| Acreage | Yes |
| Size Irregular | 46382 |
| Size Total | 46382 Sqft |
| Size Total Text | 46382 Sqft |
https://www.realtor.ca/real-estate/29677770/916-bayside-drive-saint-john
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