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9418 Main Richibucto, New Brunswick E4W 4E2

2400 sqft
Baseboard Heaters Waterfront On Ocean

$249,900

Investor opportunity in the heart of Richibucto with a VTB available. This versatile mixed-use triplex offers stable income, strong visibility, and clear future upside in a high-exposure Main Street location. The property currently includes two commercial units and one residential one-bedroom apartment, with long-term tenants already in place. The commercial spaces are occupied by a sign shop and a day Care/Coffee Shop, both operating primarily Monday to Friday, creating a low-impact tenant profile and a property that is straightforward to manage. Each unit is separately metered, helping keep operating responsibilities clean and efficient. Recent improvements include a new roof in 2024, adding confidence for investors looking for a lower-maintenance acquisition. The property also offers ample parking, water views, and is located just steps from the public marina, local businesses, services, and community amenities. What makes this property especially attractive is the future potential. The existing structure offers possible room to reconfigure and create an additional unit within the current layout, subject to approvals. There may also be opportunity to expand the structure over time, giving the next owner multiple paths to increase income, improve value, and force appreciation. Whether the goal is steady cash flow, a mixed-use portfolio addition, or a long-term value-add play, this property offers the right fundamentals: location, tenants, visibility, flexibility, and upside. A practical income property with stable tenancy today and clear growth potential for tomorrow. (id:55272)

Property Details

MLS® Number NB143256
Property Type Multi-family
WaterFrontType Waterfront On Ocean

Building

Appliances Refrigerator, Stove
BasementType Crawl Space
ExteriorFinish Vinyl
FlooringType Vinyl
FoundationType Block, Concrete
HeatingFuel Electric
HeatingType Baseboard Heaters
SizeInterior 2400 Sqft
TotalFinishedArea 2400 Sqft
Type Triplex
UtilityWater Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
SizeIrregular 316
SizeTotal 316 M2
SizeTotalText 316 M2

https://www.realtor.ca/real-estate/29985789/9418-main-richibucto

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Art Dadson
Salesperson


Exp Realty
Moncton Region Office
Moncton, New Brunswick E3B 2M5

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