Property Details
1032 Cleveland Avenue, Riverview, New Brunswick, E1B0K8
Royal LePage Select Realty Brokerage
Cell: Rod: 506-608-0509 | Andy: 506-721-9577
Tel: 506-847-0522
$9,800,000 - For sale
Completed in January 2025, 1032 Cleveland Avenue is a newly constructed 35-unit multi-residential asset located in Riverviews fastest-growing commercial node. This modern apartment building offers strong curb appeal, high-quality construction, and contemporary unit layouts designed to attract a broad tenant profile and support long-term occupancy stability. The property features an excellent parking ratio with 23 underground stalls and 29 surface parking spaces, enhancing tenant convenience and overall asset competitiveness. Units are built to top-tier rental standards with efficient floor plans and bright, modern finishes. Tenants benefit from walkable access to major retailers, restaurants, services, schools, parks, and public transit, along with quick connectivity to Gunningsville Boulevard and Downtown Moncton, making this one of the areas most desirable rental nodes. An added value component includes 0.41 acres of surplus land with conceptual plans for approximately 4,000 square feet of future commercial development, offering long-term expansion potential. Optional opportunity to acquire a separate fully leased commercial building occupied by a national tenant. Turnkey, institutional-quality asset in one of Greater Monctons strongest rental markets with built-in growth drivers. Financials are available after a signed NDA. (id:2471)
Location DescriptionFrom the Causeway/Gunningsville Bridge, continue onto Pinewood Road. Turn right onto Cleveland Avenue. The property will be on your right.
- Property Address:1032 Cleveland Avenue, Riverview, New Brunswick, E1B0K8
- Property Type:Multi-family
- Title:Freehold
- Lot Size:1.11 ac
- Sewage Type:Municipal sewage system
- Building Age:2025
- Total Finished Area:39410 sqft
- Floor Space:39410 sqft
- Heating Type:Baseboard heaters
- Flooring:Vinyl
- Basement Type:None
- Cooling Type:Air Conditioned
Professional REALTORS®
Royal LePage Select Realty Brokerage
Cell: Rod: 506-608-0509 | Andy: 506-721-9577
Tel: 506-847-0522
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.
- Map 1032 Cleveland Avenue, Riverview, New Brunswick, E1B0K8
- Neighbourhood Information
1032 Cleveland Avenue, Riverview, New Brunswick, E1B0K8
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