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37 Shemogue Rd

2.5 Acres of Commercial Land Offered at $1,740,874 USD in Port Elgin, NB E4M 1C2

Investment Highlights

  • Previously approved for fuel pumps and further development
  • Ideal retail development property
  • High traffic area with 5,000 cars per day

Executive Summary

Prime Commercial Retail Development Property – 2.5 Acres with High Traffic Exposure Location, visibility, and accessibility define the unparalleled investment opportunity presented by this commercial retail development property. Situated on a 2.5-acre lot at a bustling traffic circle, this site offers exceptional potential for businesses looking to capitalize on high consumer traffic and strategic positioning. With an impressive 1,850,000 vehicles passing by annually, this busy traffic circle, ensures prime visibility from multiple access points and surrounding provinces. Commercial retail – ideal for a wide range of uses including retail, hospitality, service-oriented businesses, or mixed-use development. The traffic circle, known for its strategic placement, serves as a central hub that connects various major roads, making it a go-to spot for both local residents and commuters. With 2.5 acres of land, this property offers ample space for a variety of commercial developments, from standalone retail stores to grocery and fuel service or mixed-use spaces. The property received approvals (2020) for further development including expansion of the existing 4,000 square foot buildings to the addition of fuel pumps. The location's traffic exposure translates directly into higher brand awareness and increased sales opportunities. Don’t miss out on the chance to invest in a property with unmatched traffic exposure and growth potential.

Property Facts

Price $1,740,874 USD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Fast Food
  • Hold For Development
  • Restaurant
  • Service Station
  • Supermarket
  • Truck Stop
Total Lot Size 2.50 AC
Cross Streets Trans-Canada 16

1 Lot Available

Lot

Price $1,740,874 USD
Price Per AC $696,350 USD
Lot Size 2.50 AC
  • Listing ID: 34212095

  • Date on Market: 12/16/2024

  • Last Updated:

  • Address: 37 Shemogue Rd, Port Elgin, NB E4M 1C2

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