24 Coburg Street, Saint John24 Coburg Street, Saint John — photo 224 Coburg Street, Saint John — photo 324 Coburg Street, Saint John — photo 424 Coburg Street, Saint John — photo 524 Coburg Street, Saint John — photo 624 Coburg Street, Saint John — photo 724 Coburg Street, Saint John — photo 824 Coburg Street, Saint John — photo 924 Coburg Street, Saint John — photo 1024 Coburg Street, Saint John — photo 1124 Coburg Street, Saint John — photo 1224 Coburg Street, Saint John — photo 1324 Coburg Street, Saint John — photo 1424 Coburg Street, Saint John — photo 1524 Coburg Street, Saint John — photo 1624 Coburg Street, Saint John — photo 1724 Coburg Street, Saint John — photo 1824 Coburg Street, Saint John — photo 1924 Coburg Street, Saint John — photo 2024 Coburg Street, Saint John — photo 2124 Coburg Street, Saint John — photo 2224 Coburg Street, Saint John — photo 2324 Coburg Street, Saint John — photo 2424 Coburg Street, Saint John — photo 2524 Coburg Street, Saint John — photo 2624 Coburg Street, Saint John — photo 2724 Coburg Street, Saint John — photo 2824 Coburg Street, Saint John — photo 2924 Coburg Street, Saint John — photo 3024 Coburg Street, Saint John — photo 3124 Coburg Street, Saint John — photo 3224 Coburg Street, Saint John — photo 3324 Coburg Street, Saint John — photo 3424 Coburg Street, Saint John — photo 3524 Coburg Street, Saint John — photo 3624 Coburg Street, Saint John — photo 3724 Coburg Street, Saint John — photo 3824 Coburg Street, Saint John — photo 3924 Coburg Street, Saint John — photo 40
1/40
For Sale · Specialty

24 Coburg Street, Saint John

24 Coburg Street, Saint John, NB E2L3J5

$1.5M total

—

Asset Class

Specialty

Size

—

Building class

C

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

88%

Lot Size

0.53 ac

About this property

Explore an exceptional commercial property in Uptown Saint John, blending historic charm with modern opportunity. Situated in a prime, high-foot-traffic area, this property is surrounded by top destinations, including King Square, City Market, the Cruise Ship Terminal, the Waterfront Boardwalk, and TD Station. The building features a thriving Chinese restaurant with a private entrance on Courbug Street, ensuring convenient access for patrons. On the opposite side, the renowned Kent Theater attracts regular crowds with a variety of events, enhancing the buildings appeal and visibility. The upper floor provides versatile office spaces, a large meeting area, and even a kickboxing gym, offering endless possibilities for business use. Additionally, the main level includes well-maintained restrooms, with two extra single bathrooms on the second floor. One of the propertys unique assets is its 23 parking spacesa rare advantage in a bustling downtown setting. With a reliable, long-term tenant in place and ample potential for future growth, this property is an outstanding investment in the heart of Uptown Saint John. Secure your piece of this vibrant community today. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.48M
Down payment30% · $444K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$86K

Annual cash flow

$4K

Cash-on-cash

0.86%

DSCR

1.05

Going-in cap

5.80%

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.

Area demographics

Trade area within 3 miles of the property.

Population

118,937

Households

43,535

Median income

$107,000

Median age

34.2

Daytime population

132,819

5-yr growth

1.1%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 24 Coburg Street, Saint John.

NDA required

  • 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.