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

Heat Pump Baseboard Heaters, Heat Pump

$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. 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. 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. 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


EXP Realty
232 Botsford Street
Moncton, New Brunswick E1X 4X7

(506) 866-8522

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