For Sale

979-981 Mountain Road Unit# 979, Moncton, New Brunswick E1C2S5

$995,000

979-981 Mountain Road Unit# 979, Moncton, New Brunswick E1C2S5 is For Sale and has a listing price of 995,000. The property is located in the Moncton neighbourhood. It's been on the website for 119 Days.

  • Other
    Property Type
  • MLS ID: NB107289
  • Office Name RE/MAX Quality Real Estate Inc.
Property Description

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:43137)

Property Details
  • MLS ID: NB107289
  • Price: $995,000
  • Transaction Types: For Sale
  • Ref ID: 27523634
  • Year Built: N/A
  • Approx Sqft: 2734 sqft
  • Property Type: Other
  • Property Type: Condo
  • Property Sub Category: Locker and Other
Price History
List Date MLS ID List Price Status End Date Closed Price
12/11/2024 NB107289 $995,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Moncton
  • $451,429 Average List Price
    based on 1 year
  • 0 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 100 % Below
  • Sold (12mo) 0
  • Rented (12mo) 0

  • 1 Month Change +7.4%
  • 3 Month Change +2.1%
  • 6 Month Change +2.6%
Walkscore
  • 83 Walk Score
    Very Walkable
  • 41 Transit Score
    Some Transit
  • 72 Bike Score
    Very Bikeable
Property Type Distribution
  • All Houses
    83.2%
  • Commercial
    11.68%
  • Condo
    1.94%
  • Land for Sale
    3.18%
Additional Details
  • Heat Source Electric
  • Heating System Heat Pump, Baseboard Heaters
  • Cooling System Heat Pump
  • Property Features Corner Site
  • Fireplace False
  • Roof Deck Unknown
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Agent Name: Kim My Lu
  • Last Updated: 11/12/2024 20:14:06
Open House Dates
Want to see this property?