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$350,000
Est. payment /mo
1.15 Acres Lot
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS® Listing ID NB101487
Lot Size 1.150 Acres
Acres 1.15
Source New Brunswick Real Estate Board
Property Description
An exceptional opportunity to own a high-visibility commercial property in the heart of Grand Manan, just steps from the ferry landing. This 4,000 sq. ft. building sits on a spacious 1.15-acre lot in the islands busiest area, making it a prime location for business, tourism, or mixed-use development. Adding to the propertys revenue, a third of the building is leased to Canada Post under a five-year agreement, generating reliable income while a seasonal ice cream and donut kiosk occupies an exterior space under a separate five-year lease. Previously operating as a full-service restaurant, the space includes a 1,600 sq. ft. dining room, a 350 sq. ft. air-conditioned kitchen, walk-in cooler, five-door freezer, ventilation, and generous storage. The layout is ideal for reopening as a restaurant, launching a new business, leasing to multiple tenants, or converting into much-needed residential units. The building has been well maintained and features a new steel roof, offering durability and low maintenance for years to come. A converted bus on-site, available as part of the sale, serves as a functional living space. The large lot provides ample space for future expansion, outdoor amenities, or paid parking to capitalize on heavy traffic near the ferry terminal. With its strategic location, and untapped potential, this property is an ideal investment for business owners, developers, or those seeking a foothold in one of New Brunswicks most visited island communities. (id:24570)
Location
Province NB
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters,
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
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Listed by Keller Williams Capital Realty
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