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$ 350,000
Est. payment /mo
Active
1 Ferry Wharf Road Grand Manan, NB E5G3A1
1.15 Acres Lot
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS® Listing ID NB119882
Lot Size 1.150 Acres
Acres 1.15
Source New Brunswick Real Estate Board
Property Description
Discover a rare opportunity to own a high-profile commercial property in the busiest area of Grand Manan, just steps from the ferry terminal. Spanning 4,000 sq. ft. on a generous 1.15-acre lot, this versatile building offers exceptional potential for business, residential, tourism, or mixed-use development. Profitable investment, a portion of the property is currently leased to Canada Post under a five-year agreement, providing a steady revenue stream. Additionally, a separate five-year lease for a seasonal ice cream and donut kiosk further boosts income. Formerly a full-service restaurant, the space features a 1,600 sq. ft. dining area, a 350 sq. ft. air-conditioned kitchen, a walk-in cooler, five-door freezer, commercial ventilation, and ample storagemaking it ideal for reopening a restaurant, launching a new venture, leasing to multiple tenants, or converting into residential units. The building is well maintained and includes a new steel roof, offering long-term durability and minimal upkeep. A converted bus on-sitenegotiable to purchase in addition to the saleprovides a unique, livable space. With ample room for expansion, outdoor amenities, or paid parking, this property is positioned to take full advantage of high foot and vehicle traffic from the nearby ferry. Whether you're an entrepreneur, developer, or investor looking to tap into one of New Brunswicks most popular island destinations, this property offers location, income, and potentialall in one. (id:24570)
Location
Province NB
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters,
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Virtual Tour https://www.youtube.com/watch?v=AffYlxoxsqk
Listed by Keller Williams Capital Realty