$350,000
( $87.50Per Sq Foot )
 $1,879 est/mo Sourced by Back At You

1 Ferry Wharf Road,Grand Manan, NB E5G3A1

Grand Manan, NB E5G3A1

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Description

An exceptional opportunity to own a high-visibility commercial property in the heart of Grand Manan, just steps from the ferry landing. This 4,000 sq. ft. building sits on a spacious 1.15-acre lot in the islands busiest area, making it a prime location for business, tourism, or mixed-use development. Adding to the propertys revenue, a third of the building is leased to Canada Post under a five-year agreement, generating reliable income while a seasonal ice cream and donut kiosk occupies an exterior space under a separate five-year lease. Previously operating as a full-service restaurant, the space includes a 1,600 sq. ft. dining room, a 350 sq. ft. air-conditioned kitchen, walk-in cooler, five-door freezer, ventilation, and generous storage. The layout is ideal for reopening as a restaurant, launching a new business, leasing to multiple tenants, or converting into much-needed residential units. The building has been well maintained and features a new steel roof, offering durability and low maintenance for years to come. A converted bus on-site, available as part of the sale, serves as a functional living space. The large lot provides ample space for future expansion, outdoor amenities, or paid parking to capitalize on heavy traffic near the ferry terminal. With its strategic location, and untapped potential, this property is an ideal investment for business owners, developers, or those seeking a foothold in one of New Brunswicks most visited island communities. (id:13843)

Details

MLS#NB101487
Listing TypeFor Sale
StatusActive
Days On Site346
Listing Provided ByKeller Williams Capital Realty | Helena Mcdermott

Features

SQ Feet4,000
Acreage1.15
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Listings Checked: 5 minutes ago
ProvinceNB
CityGrand Manan
Postal CodeE5G3A1
Listing VS Median (in E5G3A1)
Price:
$350,000
low | high
Med:
$350,000
50% of Average
SqFt:
4,000
low | high
Med:
4,000
50% of Average
$ / SqFt:
$88
low | high
Med:
$88
50% of Average
On site:
346
low | high
Med:
346.000000
100% of Average
Sourced by Back At You
Listing Updated: May 14, 2025 at 9:00:43 AM PDT