











































1/45179 Main Street, St. Martins, NB E5R1B7
$452,900 total
—
Asset Class
Multifamily
Size
—
Building class
A
Zoning
RA8 — Medium Rise
$ / SF
—
Occupancy
93%
Lot Size
0.07 ac
Situated in the vibrant and picturesque village of St. Martins, this property presents an exceptional commercial investment opportunity with unmatched charm, functionality, and potential. This well-maintained, mixed-use building is strategically located on a high-traffic street just steps from the world-famous Bay of Fundy, drawing tourists and locals alike year-round. This versatile property offers approximately 700sq feet of retail space on the main level, perfect for a boutique, café, gallery etc. With great curb appeal, prominent street frontage, and foot traffic from nearby attractions and amenities, this space is primed for business success. In addition to the commercial space, the property includes two income-generating residential units: A main-level 1-bed, 1-bath apartment, ideal for short- or long-term rental and a spacious 3-bedroom, 1-bathroom apartment on the upper level, both recently refreshed with modern paint and in great condition. Some key features include updated interiors in both apartments, durable metal roof, well-maintained exterior and interior throughout. A 23 x 23 detached garage, offering additional storage or rental income potential and just minutes from restaurants, shops, trails, and coastal attractions. Whether you're looking to start or expand your portfolio, this property offers multiple revenue streams in a growing tourism destination. Invest in the charm, character, and coastal lifestyle of St. Martins. Call your favorite REALTOR® to book your private viewing today! (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$20K
Annual cash flow
$-5K
Cash-on-cash
-3.75%
DSCR
0.80
Going-in cap
4.41%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
112,795
Households
42,851
Median income
$73,000
Median age
39.2
Daytime population
115,120
5-yr growth
6.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 179 Main Street, St. Martins.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.