508 Coverdale, Riverview

TURN-KEY Exceptional Investment Opportunity/ PRIME LOCATION/ 3 ELECTRICAL METERS. Good deal is hard to find but you found it! This prime commercial property offers three rental income streams, making it a standout investment in the heart of Riverview. Three electrical meters for easy tenant management and billing! Located on busy Coverdale road, just minutes from The Honourable Brenda Robertson Bridge, commercial and apartment buildings, this building includes: Two successful ground-floor businesses: one pizza restaurant & one eat-in, take-out restaurant. One of them with potential for a drive-through. Long-term commercial tenant, covering major expenses such as property taxes, insurance, and utilities, ensuring low-risk ownership. Upstairs, you will find a spacious 3-bedroom apartment with TWO separate entrances: one stairs on the left side and one stairs on the right of the building. Potential rent of around 1700$/month, currently vacant for easy showing. This apartment is also perfect for owner-occupancy or additional rental income. The basement is using as a storage, high ceiling, potential for your creative. With excellent visibility, accessibility, and proximity to amenities, this turnkey property offers immediate cash flow and future growth potential. Dont miss this opportunity! (id:6289)

Essential Information

Listing #NB108615

Price$599,000

Bathrooms0.00

Acres0.28

TypeOther

Community Information

Address508 Coverdale

CityRiverview

ProvinceNew Brunswick

Postal CodeE1B3K4

Interior

CoolingHeat Pump

Heating

Electric Baseboard heaters, Heat Pump

Exterior

Exterior FeaturesLandscaped

Listing Details

OfficeKeller Williams Capital Realty

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