202 212 St George Street, Moncton

Living area: 4475 square feet
Type: Commercial
Added: 5 months ago
Updated: 1 week ago
Last Checked: 13 hours ago
Listed by: Colliers International New Brunswick
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Listing description
This Commercial listing at 202 212 St George Street Moncton, NB with the MLS Number nb113571 listed by Nikki Rawlines - Colliers International New Brunswick on the Moncton market 5 months ago at $1,200,000.

Exceptional investment opportunity to acquire a fully occupied, extensively updated mixed-use building in the heart of downtown Moncton. This 4,457 SF two-storey property includes two commercial units on the main level and three modern apartments on the second floor. The purchase includes an adjacent lot, providing additional tenant parking with ample street parking nearby. The building boasts 63' of frontage on St. George Street. The first commercial unit is 763 SF and currently operates as a retail/lounge space, while the second unit is 1,675 SF and functions as a lounge/nightclub featuring a wraparound patio. Both commercial spaces have seen significant updates and are equipped with mini-split heat pumps for efficient heating and cooling. The residential units consist of one one-bedroom unit and two two-bedroom units, each featuring modern interiors with wood cabinetry, quartz countertops, appliances, and a four-piece bathroom. All units have electric baseboard heating. Extensive renovations over $450,000 were completed in 2019-2020, including a full interior and exterior rebuild with new siding, windows, doors, and roof. Tenants are currently on year-to-year leases, providing immediate revenue while offering the flexibility for an owner-occupier to convert the space for their own business operations. The SBD zoning allows for a variety of uses, including retail, restaurant, microbrewery, or bed and breakfast. Financial details are available upon execution of an NDA. (id:1945)

Property Details Key information about 202 212 St George Street

Cooling: Heat Pump
Heating:
- Heat Pump
- Baseboard heaters
Exterior Features:
- Stone
- Vinyl
- Metal

Exterior & Lot Features Learn about the exterior and lot specifics of 202 212 St George Street

Lot Size Units: acres
Lot Size Dimensions: 0.13

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Nearby Listings Stat Estimated price and comparable properties near 202 212 St George Street

Active listings

276

Min Price

$20

Max Price

$5,000,000

Avg Price

$482,089

Days on Market

71 days

Sold listings

Min Sold Price

$99,900

Max Sold Price

$4,200,000

Avg Sold Price

$402,622

Days until Sold

70 days

Nearby Places Nearby schools and amenities around 202 212 St George Street

Moncton High School (0.5 km)
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Red Satay Grill (0.1 km)
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Calactus Café Restaurant Végétarien (0.3 km)
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Graffiti (0.4 km)
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Café Archibald (0.4 km)
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Tajmahal Flavor of India (0.4 km)
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Boutique Hotel St James (0.5 km)
14 Church St, Moncton

Sequoia Whole Foods and Natural Products (0.2 km)
114 Highfield St, Moncton

Zen Gardens (0.4 km)
179 Mountain Rd, Moncton

Moncton Times and Transcript (0.4 km)
939 Main St, Moncton

Capitol Theatre (0.5 km)
811 Main St, Moncton

Victoria Park (0.5 km)
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The Old Triangle Irish Alehouse (0.5 km)
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Price History

Listed

March 6, 2025

by Colliers International New Brunswick

Commercial For Sale

$1,200,000

202 212 St George Street, Moncton

Listing description This Commercial listing at 202 212 St George Street Moncton, NB with the MLS Number nb113571 listed by Nikki Rawlines - Colliers International New Brunswick on the Moncton market 5 months ago at $1,200,000.

Nearby Listings Stat Estimated price and comparable properties near 202 212 St George Street

Nearby Places Nearby schools and amenities around 202 212 St George Street

Price History

Similar Commercial Listings For Sale

Listing description
This Commercial listing at 202 212 St George Street Moncton, NB with the MLS Number nb113571 listed by Nikki Rawlines - Colliers International New Brunswick on the Moncton market 5 months ago at $1,200,000.