$1,600,000
 $8,589 est/mo Sourced by Back At You

318-320 Main Street , Shediac, NB E4P2E3

Shediac, NB E4P2E3

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Description

Welcome to 314-318-320 Main St, an extraordinary chance to acquire a RARE OPPORTUNITY in the heart of historic downtown Shediac. This beautifully preserved landmark spans a 10-unit portfolio, including two buildings and a parking lot, offering exceptional versatility and long-term upside. Built in 1890, this stately property has been thoughtfully renovated over the years, masterfully blending historic charm with modern updates. Initial discussions with the Shediac Economic Development Department have begun, supporting the possibility of a multifamily build at the rear. The land depth and potential for bay views from a new structure only add to the incredible upside of this investment. The portfolio includes six residential units, a mix of boutique-style Airbnbs and spacious apartments, three well-established commercial spaces, and a dedicated storage unit. Current thriving tenants a destination restaurant (Kainan), a beloved pet grooming salon (Soggy Paws Pet Grooming), and a popular seasonal ice cream shop (Ice Cream Delight), offer reliable income streams and local prestige. The large parking lot and deep lot size present exciting future development potential. This is a MUST SEE opportunity for investors seeking a mix of cash flow, pride of ownership, and long-term development potential in one of New Brunswicks most vibrant coastal communities. (id:13843)

Details

MLS#NB115558
Listing TypeFor Sale
StatusActive
Year1829
Days On Site19
Listing Provided ByeXp Realty | Christine Cote

Features

SQ Feet8,536
BasementY
Units10
Acreage0.44
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Listings Checked: 3 minutes ago
ProvinceNB
CityShediac
Postal CodeE4P2E3
Listing VS Median (In E4P2E3)
Price:
$1,600,000
low | high
Med:
$1,600,000
50% of Average
SqFt:
8,536
low | high
Med:
8,536
50% of Average
$ / SqFt:
$187
low | high
Med:
$187
50% of Average
On site:
19
low | high
Med:
19.000000
100% of Average
Sourced by Back At You
Listing Updated: April 14, 2025 at 5:05:56 PM PDT