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819 Millidge Avenue, Saint John, NB
The transaction closed earlier this week and the buyer is still ensure what the future holds for the property. I’m sure the neighbours will be watching with interest!
Millidge Avenue is a major traffic artery and leads to Saint John’s central business district less than 10 minutes away.
Development in the immediate area consists mainly of single family homes with some commercial/retail developments nearby as well as two senior’s complexes. The Saint John Regional Hospital and the University of New Brunswick Saint John Campus are also located in Millidgeville. From a recreational stand point, Millidgeville is well served with easy access to Rockwood Park (one of the largest municipal parks in Canada) as well as the Royal Kennebeccasis Yacht Club.
Stephanie Turner, Partners Global represented both the Seller and the Buyer
60 Rothesay Avenue, Saint John, NB
A high profile parcel of land totaling 4.65 acres has been SOLD. The land wraps around the existing Canadian Tire Gas Bar and has road frontage on both Rothesay Avenue and McAllister Drive. Watch for a new retail project happening soon!
Stephanie Turner of Partners Global was the Listing Agent
#BroadStreetSussex artist rendering
63 Broad Street, Sussex, New Brunswick.
Broad Street has always represented the heart of the town of Sussex. It was a lively bustle of friendly meals and small town retail. After a fire in 2012 destroyed several mainstay businesses and residential apartments, the community was heartbroken. No one knew what would become of this empty space, this ‘hole’ in the heart of the community.
Approx. 1/3 acre of commercial/retail land available for redevelopment. The owners have a vision and mandate to see this parcel of land restored to it’s highest and best use i.e. a mixed use development including such commercial enterprises as restaurants, micro-brewery, and/or retail shops and residential units.
Interested parties are invited to submit a response to the Request for Tenders including offering price along with a detailed proposal of their intended use for the property. NOTE: preference will be given to tenderers who’s proposed development of the parcel is deemed by the Vendor to increase the long term vibrancy of downtown Sussex.
FOR COMPLETE DETAILS on opportunity & information on responding to the REQUEST FOR TENDERS click HERE
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.
READ MAYOR DON DARLING’S ENTIRE UPDATE HERE (3 minute read)
1655 Manawagonish Rd, Saint John, NB $1,390,000 NEW PRICE: $899,000
Built in 1981. This 15,000 sq ft two-story brick office buildings sits on 2 acres of land overlooking the Bay of Fundy. Zoned B-2 (General business) the property would make an ideal office building but also could be renovated into apartments or condos (subject to zoning). The property has been well maintained with recent work done on roof, select windows and water piping upgrades. Building features 2 x 200 amp electrical entrance, oil furnace and membrane roof. 9 “mini split” air exchangers provide heating & cooling on 2nd level.
This “L” shaped building has a “split level” layout with impressive bright main entrance lobby and ceiling stretching the total height of the 2 floors. Floorplan features washrooms on both levels, several bright private offices and large meeting room. The lower level is wheelchair accessible via side door off parking lot. Paved parking for 24 vehicles could be expanded to accommodate more parking.
Located in west Saint John. Surrounding area is mixed use with mainly single family residential with some commercial. Property offers gorgeous view of the Bay of Fundy coastline!