30 Stonegate Drive, Saint John, New Brunswick
PRICE: $8,750,000 MLS® #: NB087392
One-of-a kind 67,963 sq ft mixed-use building on 4.32 acres with deeded waterfront and boat mooring. Stunning views of Drury Cove.
A unique opportunity to own a 3-level 67,963 square foot building with spectacular views and beach rights in Drury Cove. The property is zoned business park which allows for mixed use. The building was purpose-built in 2009 for use as a light manufacturing warehouse and corporate offices. A 4,719 square foot luxury owner-occupied residential condo (as per current zoning) was subsequently finished on the second level in 2015 offering amazing views of the cove.
This impressive building sits on 2.47 acres of land with 165 metres of waterfront with boat dock/mooring (100 feet of dock in 8 feet of water). An extremely well protected anchorage area where boats can withstand hurricanes and other severe weather. The cove is fresh water and is connected to the Kennebecasis River as well as the Saint John River. The ocean is 20 minutes away by boat.
The selling price also includes an additional 1.85 acres of land which currently serves as parking lots. This additional land has potential beyond its current use as it sits high and also affords spectacular views of the water.
The highlands of Drury Cove is an exclusive residential neighbourhood hugging the coast line of an inlet of the Kennebecasis River and surrounded by nature. Although the area is primarily residential, some land near the entrance to the development is zoned for mixed-use.
- Concrete tilt-up on the water side with balance of building being insulated panels.
- Membrane Roof is original to the building and was redone in 2012.
- High Efficiency Gas heating. In-floor heating throughout.
WAREHOUSE: 48,488+/- sq ft on two (mainly on 2 levels) with 2 dock level loading doors.
COMMERCIAL SPACE: 14,756 sq ft of commercial space includes 6,000 +/- sq ft of nicely finishes corporate offices and ground-level walk-out commercial space. Office space is cooled via air handlers with outside units.
CONDO: 4,719 square foot luxury condo on 1 level. Including: all Thermidor appliances (all panel double door fridge, freezer, under counter microwave, gas range, washer/dryer32 and Thermidor wine cooler), two natural gas fireplaces and built-in coffee maker. Condo is currently owner occupied.
FINANCIALS: 100% of commercial space currently leased to New York Thermal (NTI). Net Lease expires August 31, 2026. In addition to net rental rate, tenant pays directly nearly all operating costs of the property.
Long term uses for this building are limited only by one’s imagination. When the commercial lease expires (August 31st, 2026), the entire front of building (3 levels) could be converted to multiple residential units (subject to zoning for non-owner occupied). Balance of building could continue to be leased for commercial use or repurposed.
ASKING: $8,750,000 ($129/square foot)
Detailed financials available to qualified buyers.
PHOTO GALLERY EXTERIOR (Click on individual thumbnails to enlarge and scroll)
PHOTO GALLERY CONDO
PHOTO GALLERY OFFICE
PHOTO GALLERY WAREHOUSE
AREA BREAKDOWN & VISUAL REPRESENTATION OF FLOORPLANS
ZONING INFO – BUSINESS PARK (VIEW/DOWNLOAD/PRINT)
PID MAP & BOUNDARY MAP
The information above was obtained from the owners and other sources deemed reliable. However, no representations, declarations or warranties are given or implied by Brunswick Brokers Limited, or the owner as to its accuracy or completeness and such information should not be relied upon by prospective purchasers without independent investigation and verification.