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$395,000
( $56.43Per Sq Foot )
 $2,120 est/mo Sourced by Back At You

160-162 Trites Road,Riverview, NB E1B3L9

Riverview, NB E1B3L9

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Description

A prominent one-acre investment and redevelopment opportunity at a highly visible, well-travelled intersection in Riverviews west endan area positioned to benefit from the communitys continued growth. The property is currently improved with a two-storey commercial building offering approximately 3,500 square feet per levelabout 7,000 square feet above gradeplus a dry, usable basement providing additional storage space. Two existing tenants occupy space on a month-to-month basis, generating immediate income while preserving flexibility for a purchasers future plans. Mid-Rise Residential (R-MR) zoning supports a range of housing options, including multiple-unit residential, townhouses, rowhouses and assisted-living or residential-care facilities. Conditional uses include ground-floor retail or office space in conjunction with a multiple-unit development. With approximately one acre, exceptional visibility and a strategic corner location, 160162 Trites Road offers the opportunity to generate value from the existing building while exploring the sites longer-term development potential as Riverviews west end continues to grow. Development possibilities are subject to municipal requirements and approvals. (id:13843)

Details

MLS #NB146706
Listing TypeFor Sale
StatusActive
Days On Site48
Listing Provided ByONE. Commercial Real Estate Advisors | Shane Thomson

Features

SQ Feet7,000
Acreage0.99

Interior

CoolingCentral air conditioning
Fireplace Yes / NoNo

Taxes

Tax Annual Amount13162.07

Area Information

ProvinceNB
CityRiverview
Postal CodeE1B3L9
Listing VS Median (in E1B3L9)
Price:
$395,000
low | high
Med:
$395,000
50% of Average
sqft:
7,000
low | high
Med:
7,000
50% of Average
$ / sqft:
$56
low | high
Med:
$56
50% of Average
On site:
48
low | high
Med:
48
100% of Average
Sourced by Back At You

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Contact

Learn More About This Property

Trevor Docherty

Trevor Docherty

Broker/Owner (705) 787-5060tdocherty@sutton.com
ProvinceNB
CityRiverview
Postal CodeE1B3L9
Listing VS Median (in E1B3L9)
Price:
$395,000
low | high
Med:
$395,000
50% of Average
sqft:
7,000
low | high
Med:
7,000
50% of Average
$ / sqft:
$56
low | high
Med:
$56
50% of Average
On site:
48
low | high
Med:
48
100% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 9:26:50 PM PDT