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$1,600,000
 $8,589 est/mo Sourced by Back At You

191-197 Université Avenue,Moncton, NB E1C5K4

Moncton, NB E1C5K4

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Description

This great investment property has been fully renovated and includes 2 buildings and a parking lot all on one lot zoned MU. 191 Université includes 6 units, two 1 bedroom, two 2 bedrooms and 2 main floor commercial units. 197 Université is a stand alone building currently optimized for a medical clinic but could easily be adaptable for a wide range of professional uses, including Law or Accounting Firms Specialized Medical Practitioners (Physiotherapy, Dental, etc.), Creative Agencies or Tech Startups. Situated on Université avenue, these buildings benefit from high visibility and foot traffic. The location is a magnet for both commercial tenants seeking professional exposure and residential tenants wanting proximity to the University, local hospitals, and the downtown core. The synergy of the neighborhood ensures a low vacancy rate and consistent demand across all unit types. As the Université corridor continues to develop, property values in this specific pocket are projected to see steady growth. The high-quality renovation ensures that the property will remain competitive in the rental market for decades to come, commanding top-tier rents in any economy. (id:13843)

Details

MLS #NB135722
Listing TypeFor Sale
StatusActive
Days On Site132
Listing Provided ByRoyal LePage Atlantic | Marc Richard

Features

SQ Feet4,561
BasementY
Units7
ZoningMU
Acreage0.32

Exterior

Lot FeaturesLevel lot, Wheelchair access

Taxes

Tax Annual Amount23285.88

Area Information

ProvinceNB
CityMoncton
Postal CodeE1C5K4
Listing VS Median (in E1C5K4)
Price:
$1,600,000
low | high
Med:
$1,600,000
50% of Average
sqft:
4,561
low | high
Med:
4,561
50% of Average
$ / sqft:
$351
low | high
Med:
$351
50% of Average
On site:
132
low | high
Med:
132
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
CityMoncton
Postal CodeE1C5K4
Listing VS Median (in E1C5K4)
Price:
$1,600,000
low | high
Med:
$1,600,000
50% of Average
sqft:
4,561
low | high
Med:
4,561
50% of Average
$ / sqft:
$351
low | high
Med:
$351
50% of Average
On site:
132
low | high
Med:
132
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.2M - $2M
sqft: 3,000 - 5,500
Nearby Listings Property ImageNearby Listings Details
55 Portledge Property Photo 1
$650,000
55 Portledge
Moncton, NB E1C5S6
Listing Updated: July 15, 2026 at 2:40:23 PM PDT