Saint John Commercial Real Estate

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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 of Partners Global 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!

Bank of New Brunswick Building… Price Reduced!

125 Prince William Street, Saint John, New Brunswick

$899,000  NEW PRICE $749,000

Saint John-20141215-00848 editThe Bank of New Brunswick Building in Saint John, New Brunswick built in 1879 is on the Registry of Historical Places of Canada. Located on the recently improved block of Prince William Street, this building has undergone extensive upgrades totaling close to 1 million dollars over the last several years.

“The Bank of New Brunswick Building is a two-storey freestone Greek Revival building with six Corinthian columns supporting a large peaked pediment over the Prince William Street façade. The building extends to a four-storey brick façade with storefront on Water Street. It is located within the boundaries of the Trinity Royal Heritage Conservation Area of the City of Saint John.” Source: www.historicplaces.ca

For more information on this opportunity click HERE