179 Main Street, St. Martins

About this property

An exceptional opportunity to invest in the thriving coastal village of St. Martins! Ideally positioned along a high-visibility, high-traffic street just steps from the world-famous Bay of Fundy, this well-maintained mixed-use property combines commercial versatility, established residential rental income, and an attractive cap rate of just under 8%, making it a compelling addition to any investment portfolio. Offering multiple income streams under one roof, the property features approximately 700 sq. ft. of main-level commercial space, ideally suited for a boutique, retail shop, gallery, café, or other business ventures. With excellent street frontage, inviting curb appeal, and a prime location surrounded by popular attractions and village amenities, this space offers outstanding exposure in one of New Brunswick's most charming tourism destinations. Complementing the commercial space are two residential rental units, providing additional income opportunities. The main level features a comfortable 1-bedroom, 1-bathroom apartment, while the upper level offers a spacious 3-bedroom, 1-bathroom apartment. Both units have been recently refreshed in excellent condition, offering attractive accommodations for tenants. Detached 23' x 23' garage provides valuable storage space or potential for additional rental income. Located only moments from restaurants, shops, scenic trails, and the breathtaking coastal attractions. Whether you're an experienced investor looking to expand your portfolio or an entrepreneur seeking a property that offers both business and rental opportunities, this is an investment worth exploring. With multiple revenue streams, a desirable coastal location, and a cap rate just under 8%, the opportunity speaks for itself. Don't miss out on this great opportunity! (id:66811)