400 Main Street “Place 400”, Saint John, New Brunswick

COMMERCIAL REDEVELOPMENT OPPORTUNITY

$6,200,000 NEW $3,100,000 SOLD

160,000+/- s.f. building, situated on 3.2 acres of prime land. Although the existing building is a candidate for redevelopment, it is believed that the highest and best use for the 3.2-acre site is to demolish the existing structure in favour of a brand-new high-rise residential development. Initial investigations indicate that with a rezoning to high rise residential, up to 300 units could be built on the site.

The NEW REDUCED PRICE underscores the value of the land itself and offers a unique opportunity for developers to secure one of the last large development parcels close to the city’s core. The property’s strategic location at the gateway to uptown Saint John offers unparalleled access to the highway and all city areas. It is just steps away from the Harbour Passage walking trails and a short 15-minute walk to the uptown waterfront. The site promises stunning views of the Saint John harbour. The city’s plan to revitalize Main Street underscores the importance of this area of the city and further solidifies it as an idea location for residential development.

ZONING: BUSINESS PARK COMMERCIAL

EXTERIOR PHOTO GALLERY

INTERIOR PHOTO GALLERY

MLS® #: NB092576

LOCATION MAP