68 King Street Saint John, New Brunswick E2L 1G4
$599,000
Excellent opportunity to acquire a strong income-generating mixed-use property in the heart of Uptown Saint John. The property is currently tenanted with a restaurant occupying the first and second floors, generating $5,500/month in rent. The tenant is responsible for utilities (heat, power, water & sewer) and equipment maintenance, providing investors with a stable and attractive income stream. This 4-storey building offers approximately 1,700+ sq. ft. per level (approximate, to be verified). The first and second floors are zoned commercial, while the third and fourth floors are zoned residential, offering excellent potential for future residential development to increase overall returns. Any change of use or rezoning is subject to municipal approvals, allowing investors multiple long-term strategies. Situated on King Street in Uptown Saint John, this property benefits from a highly desirable urban location surrounded by major residential developments nearing completion. These projects are actively transforming the area, increasing population density, demand, and long-term property values. The property includes access and parking from Germain Street.Any chattels and/or equipment are to be confirmed in the Agreement of Purchase and Sale. secure a high-performing investment with immediate income and future upside in one of the most active growth corridors. Definitely worth a lookbook your showing appointment today. (id:31036)
Property Details
| MLS® Number | NB131978 |
| Property Type | Single Family |
| Amenities Near By | Public Transit, Shopping |
| Equipment Type | None |
| Rental Equipment Type | None |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 4 |
| Bedrooms Total | 4 |
| Architectural Style | 4 Level |
| Basement Type | Crawl Space |
| Exterior Finish | Brick |
| Flooring Type | Hardwood |
| Foundation Type | Concrete |
| Half Bath Total | 2 |
| Heating Type | Baseboard Heaters |
| Size Interior | 850 Sqft |
| Total Finished Area | 850 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Access Type | Year-round Access, Public Road |
| Acreage | No |
| Land Amenities | Public Transit, Shopping |
| Sewer | Municipal Sewage System |
| Size Irregular | 1798 |
| Size Total | 1798 Sqft |
| Size Total Text | 1798 Sqft |
https://www.realtor.ca/real-estate/29248868/68-king-street-saint-john
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Hebatalla Mohamed
Salesperson
1020 Rothesay Road
Saint John, New Brunswick E2H 2H8
(506) 642-3948
(506) 642-7770
Li Song
Salesperson
1020 Rothesay Road
Saint John, New Brunswick E2H 2H8
(506) 642-3948
(506) 642-7770
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January 14 2026 01:05:45
Saint John Real Estate Board Inc
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