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SOLD 200 Union Street
200-206 Union Street, Saint John, New Brunswick
The property at 200 Union Street, known by many as the former Academy of Hair Design, has new owners.
The property was purchased by a couple from New Brunswick. The property is commercial on the ground floor and has 6 residential units on the second floor. The new owners intend to use the ground floor for a new retail establishment. Details on that to come at a later date.
The building has a long history in Saint John. The original business was “Jacks Men’s Wear”. It was owned by Jack Levine and eventually his son Ellis Levine. Former Saint John Mayor Sam Davis designed the building for Jack Levine. You can still see the name “JACK” inlayed in a tile mosaic by the sidewalk near the main entrance.
This is just one more in a string of recent announcements about an exciting revitalization that is happening along Union Street and in the Waterloo Village area.
Stephanie Turner was the listing agent. Lee Yuyang, Re/Max Professionals Saint John represented the buyers.
Saint John’s First Boutique Hostel Experience…Coming June 2018
36 Water Street, Saint John, New Brunswick
BunkHaus Boutique Hostel
After learning of different boutique hostels popping up around the world, Ingrid Woodhouse was inspired to create her very own hostel business here in New Brunswick. And, although there was no doubt from the beginning that Uptown Saint John was the best location for BunkHaus, it took some time to find the perfect spot.
“I looked at a few places but it wasn’t until we walked into 36 Water Street that I knew the hostel had found a home,” says Ingrid. “It has a beautiful exposed brick wall that really showcases our city’s character, huge storefront windows that let in tons of natural light, it’s uptown on a ground floor, has high ceilings, and it even has my ideal footprint of 2500sq ft. It was a total homerun.”
Ingrid hopes that BunkHaus will help draw more travelers to the city and is excited to bring affordable yet chic accommodations to the Uptown core. The hostel will offer both private rooms and custom timber-frame bunks with stair access the top beds. As for the common area there will be a fresh new communal kitchen, long harvest table for sharing meals, and a lounge area for guests to relax and meet one another. The addition of a minibar as well as an outdoor patio with hammocks and heat lamps are also part of the plan but will come later. On-site laundry and free Wi-Fi will be vailable too.
With traditional Saint John architecture of 12ft high ceilings, exposed brick, and large windows, there will be no problem making this space a home using local art, plants, and comfortable Scandinavian-inspired furnishings. Guests will feel right at home here as they share meals, music, and memories together in the communal spaces designed to bring people together.
“We’re incredibly delighted to see the BunkHaus coming uptown and look forward to the grand opening. Without a doubt, this will be another great addition to the neighborhood. Not only will this be very high quality, it will also satisfy a need in the marketplace. We congratulate Ingrid on her vision and for seizing the opportunity,” says Keith Brideau of Historica Developments.
To follow renovations and keep up-to-date with news and future offers, follow @BunkHausHostel on Facebook and Instagram.
WEBSITE COMING SOON at www.bunkhaushostel.com.
Stephanie Turner worked with Ingrid to find the perfect space and represented BunkHaus in the negotiations in the Landlord, Historica Developments.
Breakout moving from Rothesay Ave to Parkway Mall
212 McAllister Drive, Saint John, New Brunswick
Photo Courtesy of Breakout Saint John
If you’ve driven by Parkway Mall recently you may have noticed a new sign. Breakout Saint John announced today that they are moving from their current location on Rothesay Avenue to this new location. They leased a portion of the former liquor store. Breakout Saint John is an award-winning entertainment and team-building company that offers themed escape room games. This area of east Saint John is well known as a high traffic retail node and provides them with much better visibility.
Julia Pugley, President, issued a Press Release in which she said “Not only does this mean a larger and more central location for this popular local business, it also includes the much-anticipated launch of all-new escape rooms and puzzles.” This is great news for fans of Breakout!
Breakout’s next new room is slated to open before the end of May and the company also plans to announce an official grand opening in the coming weeks. Visit their website: www.breakoutsaintjohn.ca
Stephanie Turner represented the Tenant in the negotiations with Tidan Inc., the owners of Parkway Mall.
#91King Street SOLD
91 King Street Saint John, New Brunswick
After more than 6 months of negotiations, 91 King Street has been purchased by an investor. Integrity Real Estate Investments (IREI) is the proud new owner. The transaction was complicated as the property carried some restrictive covenants that had been imposed years ago when the land was owned by the Anglican church. IREI’s solicitor, Andrew Costin, a partner with the law firm of Gorman Nason, was instrumental in revising the restrictions to allow for the intended development of the property. Steve Carson from Develop Saint John played a key role in interfacing with the church representatives to reach a successful conclusion.
IREI, along with its investors, have plans to redevelop the property. Current zoning requires that the ground floor remain commercial but the upper floors will likely be converted to residential or complimentary uses. IREI and their consultants, Morgan Lanigan and Melissa Wakefield of EXP Architects Inc., are encouraged by early reviews of the existing structure during the due diligence period that suggest additional floors could be added to the building.
The “metro brown” & red aluminum siding covering much of the building’s character will be coming down and it’s intended that the building facade will be restored to its former glory. The building has some strong mid-century elements including terrazzo flooring which shall be preserved and built upon. IREI and EXP will be working closely together over the coming months on the project’s design and next steps.
This is fantastic news for uptown Saint John. This strategic corner has been sorely underutilized for years and it’s time has now come! The public can continue to watch for news of the development on Facebook and Twitter using #91King
Develop Saint John issued the following PRESS RELEASE related to the news.
Stephanie Turner represented both the Seller & Buyer in this commercial real estate transaction.
$200k Price Reduction!
SOLD 1655 Manawagonish Road, Saint John, NB
The seller has just instructed me to slash the price of this building by $200,000.
WAS $899,000…. NOW $699,000!
I often gets calls from people asking how much the church is on Manawagonish Road. I can understand why people may be confused as the sign out front says “Convention of Baptist Churches” but this is actually a 15,000 square foot brick office building that was built in 1981, sits on 2 acres of land and enjoys beautiful views of the Fundy coast. For more information on this amazing opportunity including more photos CLICK HERE
P.S. Desks were custom ordered for the offices and are available as part of the sale (subject to negotiations)
Bank of New Brunswick a.k.a Le Faubourg sold
125 Prince William Street, Saint John
First listed for sale in 2008 for $1,250,000, this building (easily identified by its massive pillars) has been sold. Over the years we’ve had a couple of accepted offers which failed to close for different reasons but we’ve finally gotten this one across the finish line!
The buyers, Ron Lovett & Courtney Sherlock from Halifax, see the building as a great long term investment. “We have really seen so much growth in uptown Saint John over the past 4 years. It’s really starting to come alive” commented Lovett.
“The building is so beautiful, it just needs a little TLC” says Lovett.
The building is occupied by the previous owner Arc’f de Saint-Jean Inc. and they will be remaining as a tenant on the top floor of the building for up to 2 years. The ground floor on Water Street is home to Loyalist City Brewery.
The main vacancies are the former AlleyGria restaurant space on the level below Prince William and the Prince William Street “bar” space which many Saint John residents still remember operated at one time as the nightclub “Pillars”.
Stephanie Turner represented the Seller and Jason Stephen of Royal LePage represented the Buyer with a shout out to Judith Makin at TUCK Studio for being such a great ambassador for the building and the community!
#GrowSJ Update. Top 3 salient points related to commercial real estate
Mayor Don Darling just shared a report by the city’s Commissioner of Growth and Community Development Services.
Here are the top 3 salient points relating to commercial real estate:
- Major project construction accounted for more than half of the 80 million dollars of construction projects in 2016. Notably phases one and two of the IOL home office project, the new Uptown Liquor store and retail expansion in East Point, McAllister Mall and in Millidgeville.
- Another portion of the $80 Million included re-investment in the City’s Heritage districts including major renovations to the Imperial Theatre and 20 other smaller heritage renovation projects. The City’s heritage districts were funded by the city’s heritage incentive program.
- There is 137,493 square meters (that’s almost 34 acres!) of vacant land in our prime central neighbourhood, at rates a fraction of the cost of Canada’s major cities, and ready to be developed. The land is a mix of commercial & residential. The map below shows some of the commercial opportunities.
Uptown In-Fill Map. Vacant Land Highlighted in Red
READ MAYOR DON DARLING’S ENTIRE UPDATE HERE (3 minute read)
Moosehead & Cox were two most popular stories of 2016
Now that we’re in to 2017, I wanted to thank everyone who has visited my website/blog in 2016. The site got a ton more traffic last year, hitting a new annual record of 43,696 views (up from 25,546 in 2016).
The single best day was June 1st. The story that day was “Moosehead Should be at the Head of King Street #91king” with 6,679 views. UPDATE: Unfortunately, as most of you have heard Moosehead’s subsequent plans to build on the waterfront have been shelved. Maybe that means that they will reconsider #91king! If you missed the original story you can find it HERE
My next most-read story of 2016 was on April 27th and it was “Cox Electronic Winding Down Retail Business” with 5,298 views. UPDATE: The story said that the store would be open until the end of 2016 but wound up closing several weeks earlier. This showcase property is for sale or lease. Did you miss the story in April? You can read it HERE
Where do you think these “views” come from? Canada and the US rank 1 & 2 but would you have guessed that France is 3rd? Next come South Korea & Barbados. See chart to the right for the top 10 countries of original of traffic to www.SJcommercialRE.com
Thanks again for visiting and a big shout to www.huddle.today for picking up several of my stories in 2016. I’m looking forward to 2017 and what the Saint John Commercial Real Estate market has in store. Don’t forget to follow me on Twitter @steffturner
LEASED… last 2 units at Irving Millennium Drive development
8-10 Millennium Drive, Quispamsis, New Brunswick
Murphy’s Pharmacies of PEI are opening a location in Quispamsis under the Guardian Drugs banner. Murphy’s operates a chain of independent pharmacies and have been serving the health needs of communities across Prince Edward Island for 30 years. “We’ve leased the two remaining vacant units between Subway and House of Chan. One side will be a pharmacy and the other a medical clinic including after-hours clinic” said Jeff Murphy, Chief Financial Officer at Murphy’s Pharmacies. “We love the location. Being close to a growing residential area made a lot of sense for us.”
Stephanie Turner was the listing agent.
Saint John Commercial Real Estate 