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Investment Highlights

  • Fully leased multi-tenant property with immediate in-place income.
  • New roof shingles installed in 2026.
  • Ample on-site parking serves tenants and visitors.
  • Established long-term tenant base supports stable occupancy.
  • Two new ductless mini-split heat pumps recently added.
  • Located just off Coverdale Road in an established commercial area.

Executive Summary

26 Trites Road presents an opportunity to acquire a fully leased multi-tenant commercial investment property in Riverview, New Brunswick. Situated just off Coverdale Road within an established commercial district, the asset offers immediate income supported by a stable roster of long-term tenants. The property's fully occupied status provides investors with in-place cash flow from day one while benefiting from a location that serves both surrounding businesses and nearby residential neighbourhoods.
The building contains approximately 5,000 square feet and is positioned on approximately 0.48 acres. Its location offers convenient accessibility for tenants and visitors, with direct connections to the surrounding commercial corridor and residential communities. Ample on-site parking supports day-to-day operations and enhances convenience for occupants and customers alike.
Recent capital improvements contribute to the property's long-term ownership appeal. New roof shingles installed in 2026 and two newly installed ductless mini-split heat pumps help reduce near-term capital expenditure requirements while supporting building functionality and tenant comfort. These upgrades allow investors to focus on income generation while benefiting from improvements already completed by ownership.
Combining established tenancy, recent building upgrades, accessible parking, and a well-positioned location within Riverview's commercial market, 26 Trites Road offers a stabilized investment opportunity with dependable income characteristics and the potential for long-term value preservation.

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
5,000 SF
Building Class
C
Year Built/Renovated
1990/2026
Price
$995,000 CAD
Price Per SF
$199 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Zoning
C2 - General commercial
Parking
20 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
157’ on Trites Road
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Tim Hortons
CIBC
TD Canada Trust
BMO
Loblaws Pharmacy
  • Listing ID: 41532066

  • Date on Market: 2026-08-03

  • Last Updated:

  • Address: 26 Trites Rd, Riverview, NB E1B 2V6

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