Retail Investment Opportunity 1075 Mountain Road is located on one…
125 Prince William St, Saint John, NB E2L 2B4, Canada
COVID travel restrictions prevent out-of-province owners from realizing their plans to convert top floor to residential. Creates opportunity for local investor ready to take on a project!
Known as the “BANK OF NEW BRUNSWICK” building. Commercial tenants with leases in place for 3 commercial floors. Tenants are Woodchucks Axe Throwing and Loyalist City Brewing. The top floor is ripe for redevelopment in to apartments/condos. Some with harbour views. Revenue and expenses along with financial projections available to qualified buyers.
Sprinklered throughout, roof (Nov 2011), upgraded 400 amp 120 volt electrical entrance installed with updated wiring in 2007. Building has been converted to natural gas.
Well located in the commercial district. This section of Prince William Street underwent (2014) a complete restoration including street resurfacing, granite curbing, landscaping and decorative lighting. Close to shopping, hotels and cruise ship terminals. View of harbour from rear of building.
125 Prince William gross building area is approx. 17,467 square feet. It is located within the boundaries of the Trinity Royal Heritage Conservation Area of the City of Saint John and is a designated heritage building.