80 Prince William Saint John, New Brunswick E2L 2B3
$1,930,000
A wealth of potential in this uptown commercial building receiving a stable income from a couple of Saint Johns favourite spots. The ground floor is home to three leased commercial spaces generating $8700/month (you may know them as Java Moose, Juniper Lease until 2025 & Pub Down Under). Already constructed; a stunning penthouse suite and a pair of two bedroom apartments that come with a total of 2 parking spaces. Current rents are: Apt 3 vacant (expected rent $1750), Apt 4 $1750 (increase to $1800 Sept 1) and the Penthouse is being set-up for short-term rentals. TENANTS PAY POWER! The real treasure lies on the 2nd & 3rd floors, which have been gutted to the studs, with submitted permits and detailed construction plans already in place. Originally these floors were designed to house 7 apartments on each floor. However the potential is unlimited for a savvy developer. With a consistent income of $15,400/month while creating new opportunities on the 2nd and 3rd floor represents a sound investment, Come explore the possibilities of this incredible uptown building and discover the potential for greatness. Newly updated water main line from street to building! (id:36436)
Business
Business Type | Restaurant |
Business Sub Type | Restaurant |
Property Details
MLS® Number | NB085088 |
Property Type | Other |
Equipment Type | None |
Rental Equipment Type | None |
Building
Exterior Finish | Brick |
Fire Protection | Monitored Alarm |
Fireplace Present | No |
Heating Fuel | Oil |
Roof Material | Membrane |
Roof Style | Unknown |
Total Finished Area | 23128 Sqft |
Land
Access Type | Year-round Access |
Acreage | No |
Size Irregular | 8019.11 |
Size Total | 8019.11 Sqft |
Size Total Text | 8019.11 Sqft |
https://www.realtor.ca/real-estate/25412616/80-prince-william-saint-john
Interested?
Contact us for more information
Judy Mitchell
Salesperson
https://www.mitchellrealty.ca/
www.facebook.com/pages/Judy-Mitchell-Remax-Realtor/149893348371435
www.linkedin.com/in/judymitchellrealtor
www.twitter.com/homewithjudy
10 King George Crt
Saint John, New Brunswick E2K 0H5
(506) 634-8200
(506) 632-1937
www.remax-sjnb.com/