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Main Photo: 979-981 Mountain Road in Moncton: Other for sale : MLS®# NB107289
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Status:
Active
Prop. Type:
Other
MLS® Num:
NB107289
Bus Major:
Restaurant
Prime Investment Opportunity Mixed-Use Building with Restaurant & Rental Unit on Mountain Road An exceptional opportunity for investors or restaurateurs! This mixed-use building at 979-981 Mountain Road houses a well-known Canadian-Chinese restaurant that has been a beloved community establishment for over 40 years. The restaurant is a turnkey operation with 30 seats and a strong, loyal clientele. In addition, the property includes an income-generating rental unit, further enhancing its investment appeal. Located on a high-traffic road with 200 feet of prime frontage, the property benefits from outstanding visibility and exposure, with convenient access to public transportation. For investors, there is an opportunity for further expansion, as two additional parcels (PID # 00752196 & 00788331) are available for sale and can be sold as a package (MLS# M161303), making this an ideal option for future growth. Once this property is sold, it will not be available again, presenting a unique chance to own a prime piece of real estate on this coveted stretch of Mountain Road. This is an exceptional opportunity to secure a property with multiple income streams and significant development potential. Contact your realtor for further details. (id:2493)
Property Type:
Other
Finished Area Above Grade:
2,734 sq. ft.
Taxes:
$13,104.82 / -
Major Business Type:
Restaurant
Bedrooms:
0
Cooling:
Heat Pump
Fireplace:
No
Heating:
Heat Pump, Baseboard heaters, Electric
Lot Size:
11,700 sq. ft.
Lot Details:
1087
Lot Features:
Corner Site
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Listed by RE/MAX Quality Real Estate Inc.
Data was last updated January 6, 2025 at 12:45 AM (UTC)
DANIELLE JOHNSON
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