916 Bayside Drive Saint John, New Brunswick E2R 1A2
$579,000
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:46544)
Property Details
| MLS® Number | NB138299 |
| Property Type | Other |
| EquipmentType | Water Heater |
| Features | Level Lot, Doors 15 To 20 Ft., Industrial Mall/subdivision |
| RentalEquipmentType | Water Heater |
| Structure | None |
Building
| ExteriorFinish | Aluminum Siding, Brick, Metal |
| FireProtection | Alarm System |
| HeatingFuel | Electric, Natural Gas |
| HeatingType | Baseboard Heaters, Forced Air |
| SizeInterior | 5,260 Sqft |
| TotalFinishedArea | 5260 Sqft |
Land
| AccessType | Year-round Access, Public Road |
| Acreage | Yes |
| SizeIrregular | 46382 |
| SizeTotal | 46382 Sqft |
| SizeTotalText | 46382 Sqft |
https://www.realtor.ca/real-estate/29677770/916-bayside-drive-saint-john
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