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502 Mapleton rd

2.5 Acres of Residential Land Offered at $384,501 USD in Moncton, NB E1G 2K5

Investment Highlights

  • Suburban Commercial which can accommodate a wide array of commercial development and multi-residential
  • With quick access to highway connections, this area is attractive to a wide range of business.
  • The site is positioned a short walk from Mapleton Park walking trails

Executive Summary

"Rare opportunity to acquire one of the last remaining development site along Mapleton Road. The site is approximately 2.5 ac and zoned Suburban Commercial which can accommodate a wide array of commercial development and multi-residential (multiple dwelling is a conditional use in the SC zone). Owner had plans for an 8,000 sq. ft. commercial building, the proposed design took into consideration the slope with no need for a retaining wall. The site is positioned a short walk from Mapleton Park walking trails, Trinity Power Center with newly open U-Haul, library and a wide range of professional services and amenities. With quick access to highway connections, this area is attractive to a wide range of business. Subject to severance and covenant (supporting documentation will be made available during due diligence). HST Applies. Taxes and assessment based on current PIDS; adjustments to be made and lot to be subdivided at closing. Photos outlined approximate lot boundaries."

Property Facts

Price $384,501 USD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 2.50 AC

1 Lot Available

Lot

Price $384,501 USD
Price Per AC $153,801 USD
Lot Size 2.50 AC

Lot is well-positioned off Mapleton Road, close to all amenities such as Trinity Drive / Wheeler Park Power Centre, Mapleton Centre, Plaza Boulevard Centre, banks, pharmacy, and restaurants.

Description

- Rare opportunity to purchase one of the last remaining development sites along Mapleton Road. - The site can accommodate a wide array of commercial development. With limited options in Moncton North for small highly visible and close proximity to Highway 2, this site offers an exceptional development opportunity. - Great potential for multi-residential development. - The site is positioned a short walk from Mapleton Park walking trails, Trinity Power Center with a newly open U-Haul, Mapleton Power Centre, and a wide range of professional services and amenities. - With quick access to highway connections, this area is attractive to a wide range of businesses. - Subject to severance and covenant (supporting documentation will be made available during due diligence)

zoning

Zoning Code SC (Suburban Commercial)
SC (Suburban Commercial)
  • Listing ID: 28804501

  • Date on Market: 6/20/2023

  • Last Updated:

  • Address: 502 Mapleton rd, Moncton, NB E1G 2K5

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