318-320 Main Street Shediac, New Brunswick E4P 2E3

$1,600,000

Welcome to 314-318-320 Main St, an extraordinary chance to acquire a RARE OPPORTUNITY in the heart of historic downtown Shediac. This beautifully preserved landmark spans a 10-unit portfolio, including two buildings and a parking lot, offering exceptional versatility and long-term upside. Built in 1890, this stately property has been thoughtfully renovated over the years, masterfully blending historic charm with modern updates. Initial discussions with the Shediac Economic Development Department have begun, supporting the possibility of a multifamily build at the rear. The land depth and potential for bay views from a new structure only add to the incredible upside of this investment. The portfolio includes six residential units, a mix of boutique-style Airbnbs and spacious apartments, three well-established commercial spaces, and a dedicated storage unit. Current thriving tenants a destination restaurant (Kainan), a beloved pet grooming salon (Soggy Paws Pet Grooming), and a popular seasonal ice cream shop (Ice Cream Delight), offer reliable income streams and local prestige. The large parking lot and deep lot size present exciting future development potential. This is a MUST SEE opportunity for investors seeking a mix of cash flow, pride of ownership, and long-term development potential in one of New Brunswicks most vibrant coastal communities. (id:50541)

Property Details

MLS® Number	NB115558
Property Type	Multi-family

Building

Appliances	Refrigerator, Stove, Washer, Dishwasher, Dryer
Basement Type	Partial
Constructed Date	1829
Cooling Type	Heat Pump
Exterior Finish	Vinyl
Flooring Type	Ceramic, Vinyl, Porcelain Tile, Hardwood
Foundation Type	Stone
Heating Fuel	Electric
Heating Type	Baseboard Heaters, Heat Pump
Total Finished Area	8536 Sqft
Utility Water	Municipal Water

Land

Access Type	Year-round Access
Acreage	No
Sewer	Municipal Sewage System
Size Irregular	1800
Size Total	1800 M2
Size Total Text	1800 M2

https://www.realtor.ca/real-estate/28121755/318-320-main-street-shediac