$2,790,000

This two-storey Class A office building in Monctons Central Business District totals 11,846 SF and offers an excellent opportunity for both owner/occupiers and investors. The property is divided into four tenant spaces, with the first floor fully leased and the second floor offering 5,600 SF at a lease rate of $16.50 PSF NET. The second floor, formerly occupied by a law office, is fully accessible by elevator and includes a large executive office, meeting room, private offices, reception area, and 856 SF of basement storage. The building features brick and glass exterior construction with quality finishes, supported by rooftop HVAC, supplemental electric baseboard heating, security cameras, alarm system, and fire protection. With frontage along Foundry, Albert, and Waterloo Streets, on-site parking, and dual access, the property combines strong visibility with accessibility. Its central location is steps from Main Street, the Avenir Centre, restaurants, cafés, and professional services, with direct access to the Petitcodiac Rivers walking and biking trails. The nearby Three Sisters mixed-use development further enhances the areas growth and long-term value. Downtown Moncton is experiencing steady redevelopment, making this property a prime opportunity to secure a well-located, high-quality asset. Whether for long-term investment or immediate business use, it offers stability, growth potential, and downtown presence. (id:31622)

Property Details

MLS® Number	NB127493
Property Type	Other

Building

Cooling Type	Central Air Conditioning
Exterior Finish	Brick
Heating Type	Baseboard Heaters
Size Interior	11,846 Ft2
Total Finished Area	11846 Sqft

Land

Access Type	Year-round Access
Acreage	No
Size Irregular	21302
Size Total	21302 Sqft
Size Total Text	21302 Sqft
Zoning Description	Cbd

https://www.realtor.ca/real-estate/28933599/50-foundry-street-moncton