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136-140 Coverdale Rd 3.4 Acres of Residential Land Offered at $884,000 CAD in Riverview, NB E1B 3H9
Investment Highlights
- Prime location on a high-visibility commercial corridor.
- Convenient access to Moncton and Trans-Canada Highway.
- Flexible layouts suitable for diverse zoning.
Executive Summary
Positioned along the high-visibility corridor of Coverdale Road, this land offers an exceptional investment opportunity in one of Riverview’s most dynamic commercial districts. The site benefits from strong traffic counts and excellent frontage, ensuring maximum exposure for tenants and future redevelopment potential. Riverview is a thriving community adjacent to Moncton, providing access to a growing population base and robust economic activity. The property’s strategic location places it near major arterial routes, retail hubs, and essential services, making it a prime candidate for investors seeking stable income and long-term appreciation.
The asset features a well-maintained structure with flexible layouts suitable for a variety of retail and service uses. Ample on-site parking enhances customer convenience, while prominent signage opportunities strengthen brand visibility. With proximity to Moncton’s downtown core and quick access to Trans-Canada Highway, this property is ideally positioned to capture regional traffic and serve as a cornerstone for future commercial growth. Investors will appreciate the combination of location strength, tenant appeal, and potential for value-add strategies in a market with limited supply of quality retail assets.
The asset features a well-maintained structure with flexible layouts suitable for a variety of retail and service uses. Ample on-site parking enhances customer convenience, while prominent signage opportunities strengthen brand visibility. With proximity to Moncton’s downtown core and quick access to Trans-Canada Highway, this property is ideally positioned to capture regional traffic and serve as a cornerstone for future commercial growth. Investors will appreciate the combination of location strength, tenant appeal, and potential for value-add strategies in a market with limited supply of quality retail assets.
Property Facts
1 Lot Available
Lot
| Price | $884,000 CAD | Lot Size | 3.40 AC |
| Price Per AC | $260,000.00 CAD |
| Price | $884,000 CAD |
| Price Per AC | $260,000.00 CAD |
| Lot Size | 3.40 AC |
Prominent commercial lot on Coverdale Road with excellent frontage, high traffic visibility, and easy access to Moncton. Fully serviced with ample parking and flexible layout options, ideal for retail or service businesses in a thriving corridor.
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Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
70/100
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136-140 Coverdale Rd
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