180 Water Street, Saint Andrews, New Brunswick

$599,000

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5,332

Square feet

0.11

Acres

About 180 Water Street

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:6289)

More Info on this MLS® listing

180 Water Street is a listing for sale in Saint Andrews. The MLS® number is NB150490. It covers 5,332 square feet. It's currently listed for $599,000. For more details on MLS® NB150490, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in Saint Andrews is available now!

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Features of 180 Water Street

Listing # NB150490
Price $599,000
Square Footage 5,332
Acres 0.11
Type Other

Community Information

Address 180 Water Street
City Saint Andrews
Province New Brunswick
Postal Code E5B1B2

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Heat Pump, Stove, Electric, Pellet
Cooling Heat Pump
Fireplace No
Has Basement No

Exterior

Lot Description 0.11

Listing Details

OfficeSotheby's International Realty Canada

Listing Map

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