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507 MAIN STREET LEASED
Brunswick Brokers is pleased to announce the leasing of 507 Main Street in Saint John. Entrepreneur and nightclub operator Sandeep Saini has leased the stand-alone building with plans to open King’s Club Bar & Lounge. Saini operated a night club in Moncton with the same name but sold the business recently to open another one in Saint John. The Saini family are no strangers to the Saint John business community with Sandeep’s family also operating Royal King Taste of India on Union Street and Grand King India Grocery in Parkway Mall.
507 Main Street is known by many locals as “The Main Brace” and is easily recognized by the battle scene mural on the side of the building which was painted in the early 1980’s by prominent Saint John Artist , Ray Butler. The property has had many uses over the decades including a bank, legion and even operated a popular nightclub in the early 2010’s. The street is also famous for the annual Marigolds on Main which sees thousands of children plant a sea of bright marigolds in the median.
The immediate area is rumored to see significant changes in the streetscape over the coming years including a new mixed-use development in the lots next door to 507 Main and a re-engineering of Main Street by the City of Saint John with a reduction in vehicle lanes and the addition of a dedicated cycling lane.
King’s Club Bar & Lounge is scheduled to be open to the public last week of May, 2023.
Brock Turner of Brunswick Brokers was the listing agent and Jas Chohan of Royal LePage represented the tenant.
241 Union Street Sold – From Container Village to Brick and Mortar
Brunswick Brokers Limited is pleased to announce that 241 Union Street, Saint John has sold! The property is located in the Waterloo Village area across from the office building known by locals as “The Golden Ball”. The Union Street property features a ground floor commercial condo and 4 upper floor residential condos which are all currently rented out. The ground floor commercial space is now being renovated by the new owner and will soon be occupied by her business The Vagabond Studios. The Property was one of the earlier small condominium buildings in Saint John, and was very well maintained by the property manager, Leading Edge Property Solutions.
Before acquiring the property, The Vagabond Studio was a vendor at the Area 506 Container Village on Water Street. Rebecca Lavallee, the owner, found success during her time on Water Street but when the village shut down for the season, she went on the hunt for a more permanent location.
The building was previously owned by a corporation controlled by a lawyer in Toronto and who is known to Saint John for his desire to contribute to the improvements of the City; he saw potential in the City and in particular, the Waterloo Village. His business interest also includes a franchise at Brunswick Square known as Print Three which has been in operation since 2008 and he has every interest to expand the business to digital marketing and signage in the near future. He originally bought the building back in 2007, knowing that it has double brick and a steel frame, he gutted all the interiors and modernize the whole building into five spacious condominium units. He is pleased that the property had attracted quite a few prospects, and, in the end, he sold to a buyer with a desire to operate a retail studio on the ground floor which will help contribute to the vibrancy of the area.
Brock Turner of Brunswick Brokers Limited was the Listing Agent . Fran Scott of Royal LePage represented the buyer. Did you miss out on this opportunity? Check out our website www.bbrokers.ca for all of our current listings.