Prime Downtown Moncton Development Opportunity! Located at 65 Gordon Street, this approved 4-storey mixed-use project offers a rare shovel-ready investment opportunity in the heart of Downtown Moncton. Major legwork has already been completed, allowing developers to move forward without the typical delays and approval process. The proposed development features a flexible commercial main level designed for either one large commercial space or two smaller commercial units, along with 9 residential one-bedroom apartments spread across the upper three floors. The top level also includes a planned rooftop terrace, adding additional appeal for future tenants. Building permits have already been approved, floor plan renderings are completed, and the project is ready to break ground. Estimated residential income is projected between $12,000$14,000 per month, making this an attractive addition to any investment portfolio. A fantastic opportunity for developers seeking a turnkey downtown project in Moncton. (id:31684)
Property Features
Listing Courtesy: Royal LePage Atlantic
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by and identify the quality of services provided by REALTORS®. Used under license. This information contained on this site is based in whole or in part on listing content from The Canadian Real Estate Association, which assumes no responsibility for its accuracy. This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Canadian Real Estate Association.