Saint John Commercial Real Estate

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222 WATER

222 Water Street, Saint John, New Brunswick, Canada

NOTE: This property is eligible for the VACANT BUILDING REDEVELOPMENT PROGRAM

$1,090,000

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Located at the core of redevelopment of one of the oldest port cities in North America. Current group of owners are looking to sell or partner with investors with the goal of realizing 222 Water’s full potential.  This downtown, central location is adjacent to the high-tech district and the fastest growing cruise ship location on the eastern seaboard.

The building is 50’ x 100’, 7 stories high and approximately 32,900 square feet of gross leasable space. The building occupies 100% of its lot but the opportunity includes an adjacent lot as well which opens up huge opportunities. Preliminary engineering reports indicate that an additional 2 storeys could be added to the current structure. The property has a very flexible zoning allowing commercial, residential, mixed use and industrial uses. The property is not flagged as “heritage” which means developers will have the utmost leeway for creativity and design.

Artist renderings and development concepts are available but new ideas and concepts are encouraged. Follow #222water on Twitter

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