80 Prince William Street Saint John, New Brunswick E2L 2B3

$1,300,000

**ACCEPTED OFFER** 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:50541)

Business

Business Type	Restaurant
Business Sub Type	Restaurant

Property Details

MLS® Number	NB121646
Property Type	Other
Equipment Type	None
Rental Equipment Type	None

Building

Exterior Finish	Brick
Fire Protection	Monitored Alarm
Heating Fuel	Oil
Size Interior	23,128 Ft2
Total Finished Area	23128 Sqft

Land

Access Type	Year-round Access, Public Road
Acreage	No
Size Irregular	8019.11
Size Total	8019.11 Sqft
Size Total Text	8019.11 Sqft

https://www.realtor.ca/real-estate/28522949/80-prince-william-street-saint-john