Cox Electronics, with locations in Saint John, Fredericton and St. Stephen, have announced that the stores will be closing at the end of 2016. After more than 40 years in the consumer electronics business, the owner, Philip Brewer has decided to retire. “Although it is time for me to enter a new phase of my life, there’s tremendous value in our bricks & mortar which means a fabulous opportunity for other retailers who are looking to enter and/or expand in to the Saint John market”, says Brewer. Although the Saint John building has been used for retail in the past it are located in a prime commercial area and could also be repurposed for other commercial uses such as medical clinics, hospitality, administrative offices, entertainment type businesses, etc…
Cox’s unique sky blue triangular flagship store is located at 843 Fairville Boulevard a.k.a “The Golden Mile” in west Saint John. The building boasts over 30,000 square feet and sits on 2.06 acres of land. Well-situated on a high profile site just 6 km from the downtown core.
Stephanie Turner of Partners Global has the property listed for sale. Appraisal on file for qualified buyers.
LISTING INFORMATION LINK BELOW