531 Main St, Blackville

531 Main St, Blackville, NB E9C1W9 Photo 1

38 Photos

531 Main St, Blackville, NB E9C1W9 Photo 2
531 Main St, Blackville, NB E9C1W9 Photo 3
531 Main St, Blackville, NB E9C1W9 Photo 4
531 Main St, Blackville, NB E9C1W9 Photo 5
531 Main St, Blackville, NB E9C1W9 Photo 6
531 Main St, Blackville, NB E9C1W9 Photo 7
  • Living area: 6600 square feet
  • MLS®: m157524
  • Added: 65 days ago

Property Details

Welcome to an unparalleled investment opportunity nestled in "the heart of Miramichi River Valley" Doaktown, NB. This multi-use commercial building is a treasure trove of potential for astute investors seeking a diverse array of possibilities. The basement area, previously utilized as a gym, you'll find an open layout with a half bath already in place. Currently, the main floor is bustling with activity, serving as a meticulously organized daycare facility. Designed with functionality in mind, the space is intelligently divided into two separate sections to accommodate different age groups or programs. Additionally, a separate office space offers a quiet retreat for administrative tasks, while a conveniently located storage unit stands ready for potential laundry services, catering to the needs of the daycare operation. Ascend to the second floor, where you'll discover four 2-bedroom apartments, each offering a comfortable and inviting living space. Ideal for tenants seeking both convenience and charm, these apartments provide a perfect retreat in the midst of the bustling commercial hub below. This property stands as a beacon among the limited commercial options in the area, Its ability to maintain a healthy, positive net cashflow is a testament to its strong investment potential. The businesses currently operating on-site are thriving, adding to the allure of this remarkable property. For a more immersive experience, please explore the virtual tour. (id:1945)

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Property Information

  • Sewer: Municipal sewage system
  • Heating: Electric
  • Utilities: Cable
  • Directions: From Fredericton, follow Highway 8 until you reach Doaktown, once in the main Village turns into Main Street, 531 is located on the right side, just past the bridge
  • Living Area: 6600
  • Lot Features: Paved driveway
  • Photos Count: 38
  • Water Source: Municipal water
  • Parcel Number: 40048092
  • Common Interest: Freehold
  • Building Features: Street Lighting
  • Exterior Features: Vinyl siding
  • Foundation Details: Concrete
  • Lot Size Dimensions: 2579 Square Meters
  • Number Of Units Total: 6
  • Above Grade Finished Area: 6600
  • Above Grade Finished Area Units: square feet
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Nearby Places

Name Type Address Distance
Doaktown Community Arena Stadium 22 Prospect St 2.6 km
O'Donnell's Cottages & Expeditions Lodging 439 Storeytown Rd 4.7 km
Pond's Chalet Resort Lodging 91 Porter Cove Rd 20.3 km
Central New Brunswick Woodmen's Museum, Inc. Store 6342 8 Hwy 24.6 km
Upper Miramichi Regional High School Boiestown 26.7 km
531 Main St mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 531 Main St. The current price of the property is $399,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $319,200. This would result in a monthly mortgage payment of $1,866 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree 10
Certificate of Qualification 10
College 55

Neighbourhood Marital Status Stat

Married 190
Widowed 30
Divorced 25
Separated 10
Never married 70
Living common law 35
Married or living common law 225
Not married and not living common law 140

Neighbourhood Construction Date

1961 to 1980 80
1981 to 1990 20
1991 to 2000 15
2006 to 2010 10
1960 or before 60
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157 Chemin South, Shediac River 505 Main Street, Doaktown