$429,900
( $89.04Per Sq Foot )
 $2,308 est/mo Sourced by Back At You

729 Principale , Beresford, NB E8K1W6

Beresford, NB E8K1W6

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Description

Unlock the Potential of Prime Real Estate! Seize this fantastic opportunity in the heart of Beresford, a high-traffic area ripe for investment. This expansive 4,828 sq. ft. retail space is strategically located on Principale Street, facing the bustling Acadia St. The property sits on a generous 0.62-acre lot, complete with a paved parking area and natural grassy surroundings. Currently utilized as a retail space, with the exciting potential to convert into 8 stylish, renovated apartment units. Imagine 5 one-bedroom units and 3 two-bedroom units, designed to attract a diverse range of tenants. Features electric baseboard and mini-split heating systems to ensure year-round comfort. One section of the roof was replaced in 2019.The building benefits from municipal services provided by the Town of Beresford, now part of the Belle Baie amalgamation. This includes water, sewage and waste removal.Situated in a CC1 (Central Commercial Type 1) zone, the property is perfectly positioned for both commercial and residential uses. With zoning that permits up to 20 units, this site offers significant flexibility and future potential.Whether you're looking to continue as a retail establishment or pivot to a lucrative residential development, this property presents a rare and exciting opportunity. Dont miss your chance to invest in a high-traffic area with substantial growth potential. Make your mark in Beresford with this prime property. Text or call today for more information. (id:13843)

Details

MLS#M161782
Listing TypeFor Sale
StatusActive
Days On Site240
Listing Provided ByEXIT Realty Associates | Pierre Basque

Features

SQ Feet4,828
Acreage0.62
The information is being provided by CREA. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 CREA. All Rights Reserved.

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Listings Checked: 3 minutes ago
ProvinceNB
CityBeresford
Postal CodeE8K1W6
Listing VS Median (In E8K1W6)
Price:
$429,900
low | high
Med:
$339,450
71.039776692254% of Average
SqFt:
4,828
low | high
Med:
2,955
88.804888152444% of Average
$ / SqFt:
$89
low | high
Med:
$160
29.343162007213% of Average
On site:
240
low | high
Med:
146.000000
100% of Average
Sourced by Back At You
Listing Updated: April 14, 2025 at 4:08:01 PM PDT