185 Water Street, Saint Andrews, New Brunswick

For Sale

$449,000 CAD
$449,000 CAD
  • 0.06 ac Lot Size
  • Commercial
Open House
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Property Summary for 185 Water Street

Type
Commercial
Style
3 Story
Lot Size
0.06 Ac
MLS® Number
NB052394
Taxes
8,190.49 CAD (2020)
Postal Code
E5B 1A9

Description for 185 Water Street

Located in the heart of the business district of St. Andrews is the iconic Scrooge and Marley's Building, a fixture in St. Andrews for generations. Today the business uses the entire first floor, as well as a large part of the second floor for sales and inventory storage, with a one bedroom apartment on floor #2, and a two bedroom apartment on floor #3. For most though, the retail space as well as a one bedroom apartment would occupy the first floor, with floors #2 and #3 having beautiful 2 bedroom water view apartments. The building has four electrical meters, one for the retail space, the apartment on the ground floor, the apartment on the second floor, and the apartment on the third floor, so each tenant can pay their own hydro. Electric baseboard heat is used throughout the building. A great deal of maintenance has been done in recent years, including many new windows, new siding, and new roofing. This building is located in the busiest area of downtown St. Andrews, where strong retail sales are guaranteed. The apartments each have decks facing the waterfront, ideal for enjoying the sunset over the waterfront. This building has been with the same owner for approximately 20 years, and now pending retirement creates this excellent opportunity. Call today for additional information or to schedule a viewing. Please note that a minimum of 24 hours’ notice is required-no exceptions.
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Listing provided by Point2 Agent

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Karl Deering

Karl Deering

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