000 Chocolate Drive, St. Stephen, New Brunswick

Prime Development Opportunity – 12 Acres strategically located in St. Stephen

$249,000 ($20,750 per acre)

Centrally located off Chocolate Drive, this 12-acre parcel presents an exceptional opportunity for residential development in the growing community of St. Stephen. The property wraps around St. Stephen Elementary School and is within close proximity to major shopping node.

Ideal for a mix of housing types, this site is well-suited for single-family homes, multi-unit residences, or a combination of both. A concept site plan has been prepared, showcasing the potential for a 60-unit multi-residential development, 8 townhomes, green space, and a paved multi-use trail.

Key Features:
✅ Existing infrastructure includes installed power lines and poles
✅ Gravity sewer line already in place within the property
✅ Municipal water infrastructure nearby and available for hookup
✅ Prime location in a high-demand area for housing

Currently zoned Institutional

Additionally, an adjacent 11.6-acre property (PID #01259266) could be secured for an additional $50,000, bringing the total package to 23.6 acres for $299,000. HST is applicable to the sale.

Large, centrally located development sites like this are rare in St. Stephen. Don’t miss this opportunity to invest in the future of St. Stephen.

CONCEPT SITE PLAN

LOCATION MAP