Saint John Commercial Real Estate

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239-241 UNION

dsc_2297239-241 Union Street, Saint John, New Brunswick

$399,000

Solid Investment. Nicely renovated.
1 commercial unit + 4 apartments/condos. All units are rented. Attractive income.

Property is 3 storey (plus basement) 5 unit mixed use (residential/ commercial) investment. Building has cross steel beams to support the structure and is solid. Double brick exterior has recently been re-pointed and washed.  Property has been extensively upgraded with all three levels completed gutted and redone in to four good quaIity residential units which are rented. Ground level storefront/commercial unit also rented. Electric baseboard heating throughout. New plumbing.

The condominium structure allows the buyer to obtain preferential residential mortgage rates on the 4 residential units, and they can be sold individually as desired. Currently fully rented and attractive income plus the intrinsic value of the flexibility of a condominium. Financials available. PID’s 55204119, 55204127, 55204135, 55204143, 55204150.

The Waterloo Village area of Saint John is seeing a revitalization with the restoration of the Cathedral and the recent construction of the Social Enterprise Hub.

NOTE: Residential condos also FOR SALE individually – Studio + den starting at $62,990 & 2 bdrm starting at $72,990. MORE INFO click HERE

Interior Photos