26 Trites Rd - Retail FOR SALE


Riverview, NB E1B 2V6
$995,000 CAD
416-960-9500
26 Trites Rd, Riverview, NB for Sale
$995,000 CAD
Retail - FOR SALE
1/3
null | Request Cap Rate

26 Trites Rd
Riverview, NB E1B 2V6


HIGHLIGHTS

  • Fully leased multi-tenant property with immediate in-place income.
  • Established long-term tenant base supports stable occupancy.
  • New roof shingles installed in 2026.
  • Two new ductless mini-split heat pumps recently added.
  • Ample on-site parking serves tenants and visitors.
  • Located just off Coverdale Road in an established commercial area.

OVERVIEW

26 Trites Road presents an opportunity to acquire a fully leased multi-tenant commercial investment property in Riverview, New Brunswick. Situated just off Coverdale Road within an established commercial district, the asset offers immediate income supported by a stable roster of long-term tenants. The property's fully occupied status provides investors with in-place cash flow from day one while benefiting from a location that serves both surrounding businesses and nearby residential neighbourhoods. The building contains approximately 5,000 square feet and is positioned on approximately 0.48 acres. Its location offers convenient accessibility for tenants and visitors, with direct connections to the surrounding commercial corridor and residential communities. Ample on-site parking supports day-to-day operations and enhances convenience for occupants and customers alike. Recent capital improvements contribute to the property's long-term ownership appeal. New roof shingles installed in 2026 and two newly installed ductless mini-split heat pumps help reduce near-term capital expenditure requirements while supporting building functionality and tenant comfort. These upgrades allow investors to focus on income generation while benefiting from improvements already completed by ownership. Combining established tenancy, recent building upgrades, accessible parking, and a well-positioned location within Riverview's commercial market, 26 Trites Road offers a stabilized investment opportunity with dependable income characteristics and the potential for long-term value preservation.

FOR SALE DETAILS

PRICE

$995,000 CAD

PRICE/SF

$199 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C2

APN/PARCEL ID

CUSTOM-788063

ASK ABOUT THIS PROPERTY

Stephen McWilliamColliersMore Info
416-960-9500

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Stephen McWilliamColliersMore Info
416-960-9500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.