ActiveFor Sale

180 Water Street
Saint Andrews, New Brunswick, E5B1B2

Other
CREA
MLS® Number: NB150490
$599,000List Price
0Bedrooms
0Bathrooms
0Total Parking
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Description

Enjoy an unbeatable location in the heart of Saint Andrews vibrant tourist district, surrounded by local attractions, shops, restaurants, and everyday conveniences. Showcasing exceptional traditional East Coast curb appeal, this distinctive property presents an incredible opportunity to acquire the commercial real estate only, with an established business already in place. The thriving coffee shop/restaurant currently occupying the commercial space is not for sale and will remain as a tenant under an existing lease agreement, providing the new owner with immediate rental income. An ideal opportunity for investors seeking a turnkey, income-producing commercial property without the responsibilities of operating a business. The commercial space features a stylish modern-retro design, an attractive service counter, and ample customer seating arranged across multiple levels. Beautiful wood flooring adds warmth and character, while the fully equipped commercial kitchen, storage areas, and dedicated office provide excellent functionality for continued commercial use. Further enhancing the investment appeal are two separate residential rental units, a spacious four-bedroom, two-bathroom apartment and a two-bedroom, one-bathroom apartment. Both units feature their own dedicated laundry facilities. With an established rental history and multiple income streams from the commercial and residential components, this property offers an attractive investment opportunity in one of New Brunswicks most desirable coastal communities. A rare chance to own income-generating real estate in a prime downtown location and benefit from Saint Andrews thriving tourism market. (id:66360)

Features

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Amenities

No amenities available

Summary

List Price:$599,000
MLS® Number:NB150490
CREA Listing Key:30487474
Type:Other
Size:5,332 sq ft
Taxes:$10,316
Listing Brokerage:Sotheby's International Realty Canada

Rooms

No room information available

Details

Property

Property Type:Other
Business Type:Restaurant
Municipality:Saint Andrews

Building

Size:5,332 sq ft

Inside

Bedrooms:0

Utilities

Cooling:Heat Pump
Heating:Heat Pump, Stove, Electric, Pellet

Land

Lot Size:0.11 acres
Directions:From Reed Street, turn onto Harriet Street, and then Water Street.
PIN #:01320274

$599,000

List price