BEAUTIFUL PROPERTY FOR SALE
Description
The Chateau Mont Assomption, containing 40,000 square feet on three levels, is located on 9 acres of land at St. Andre, NB overlooking the beautiful St. John River. Did you ever dream of living in your own castle? The Chateau was formerly a senior care facility licenced for 60 beds and sold in 2015 for $1.95 million and was resold in 2018 for $3.7 million. The property was assessed for tax purposes in 2019 in excess of $2 million however this tax assessment was reduced due to the water damage. The Chateau did sustain water damage in 2018 and is offered at this time at the significantly reduced price of $2,000,000. Recent work has been completed to restore the electrical, plumbing and heating systems. This building was originally built in 1954 as a Monastery and an addition was added in 1959. The building previously housed 28 apartments and could easily be converted to apartments or condos or could be used again as a senior care facility. The building has had a number of renovations, most recently in 2012-13 with the addition of 7 rooms to the latest government nursing home standards with a new 30 person elevator. This renovation was completed at a cost of $750,000. There are presently 55 rooms and each room has its own bathroom. The building is serviced with a sprinkler system and fire alarm with 2 oil fired hot water boilers and a standby wood fired boiler. The property is well lit and is serviced with a 600 amp 3 phase power. All of the windows have been recently replaced and are all thermal pane. The property is paved with ample parking and there is also a 5 bay garage on site. There is a beautiful park-like forested area on the property. The property also contains a 2500 square foot roof top deck area. The property is available immediately.
- Ad Type: Offering
real estate | condos for sale
2021-02-12