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$ 299,900
Est. payment /mo
Active
281 St George Bathurst, NB E2A1B8
0.28 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID NB114475
Originating Board New Brunswick Real Estate Board
Year Built 1987
Lot Size 0.284 Acres
Acres 12371.04
Property Sub-Type Freehold
Property Description
Located in the heart of Downtown Bathursts recognized Business Improvement Area (BIA), this 3-storey commercial building offers 4,196 sqft of space with a blend of character and potential. Featuring a new flat roof (Spring 2023), a new heat pump in the top-floor office (Summer 2023), spray foam insulated basement, and its own on-site parking lotthis property is a rare find. Full of charm, it includes a semi-circle staircase connecting all three floors and a historic bank vault in the basement. With roots tracing back to approximately 1847, the building was rebuilt after fires in 1923 and again in 1987. An independent appraisal completed in Summer 2023 places its current value at $341,000 with a projected post-renovation value of up to $982,000 if developed into high-end office space. A unique opportunity to own a landmark property with strong potential for future growth. Disclosure - Seller is a Licensed REALTOR® in New Brunswick. (id:24570)
Location
State NB
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters, Heat Pump,
Cooling Heat Pump
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Ownership Freehold
Virtual Tour https://youtu.be/QgTTMhcD4Qs
Listed by Keller Williams Capital Realty