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110 River Valley Dr 18,316 SF 57% Leased Retail Building Grand Bay-westfield, NB E5K 1A2 $724,245 USD ($39.54 USD/SF) 18.47% Cap Rate
Investment Highlights
- Located in an active commercial center anchored by an established pharmacy.
- Convenient drive times: 19 minutes from Saint John; 1 hour from Fredericton.
- Across the street from a major grocery chain and quick service restaurant.
Executive Summary
Located within a key commercial hub in Grand Bay-Westfield, this property offers a well-configured two-level unit designed to accommodate a variety of business operations. Positioned across from a major grocery anchor and a quick-service restaurant, the premises benefit from steady traffic and exceptional visibility. The property includes four private offices on the main level, a generous open workspace, and support spaces such as a staff room, washrooms, and a storage area with separate exterior access.
The building is easily accessible and supported by ample free parking for employees and visitors. With walk-out access from the lower level and multiple signage opportunities, this location is ideal for businesses seeking strong local presence and convenience. Situated approximately 19 minutes from Saint John and within an hour of Fredericton, the property provides regional connectivity along major routes while serving a growing community of 4,967 residents (Census 2021).
The building is easily accessible and supported by ample free parking for employees and visitors. With walk-out access from the lower level and multiple signage opportunities, this location is ideal for businesses seeking strong local presence and convenience. Situated approximately 19 minutes from Saint John and within an hour of Fredericton, the property provides regional connectivity along major routes while serving a growing community of 4,967 residents (Census 2021).
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
18,316 SF
Building Class
C
Year Built
1985
Price
$724,245 USD
Price Per SF
$39.54 USD
Cap Rate
18.47%
NOI
$133,771 USD
Percent Leased
57%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.38
Lot Size
1.11 AC
Zoning
MU - Mixed Use
Parking
20 Spaces (1.09 Spaces per 1,000 SF Leased)
Frontage
226’ on River Valley Dive
Space Availability
- Space
- Size
- Space Use
- Position
- Available
The property is located in the centre of a commercial hub; anchored by an established pharmacy and across the street from a major grocery chain and quick service restaurant.
| Space | Size | Space Use | Position | Available |
| Unit 2 | 7,914 SF | Office/Retail | - | Now |
Unit 2
| Size |
| 7,914 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
Unit 2
| Size | 7,914 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Now |
The property is located in the centre of a commercial hub; anchored by an established pharmacy and across the street from a major grocery chain and quick service restaurant.
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
1 of 11
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110 River Valley Dr
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