225 Water Street

Business For Sale in Saint Andrews, New Brunswick

$2,479,000
  • 6,954 Sq. Ft.
  • Built 1849
A rare chance to own one of St. Andrews most recognized waterfront properties. Salt Bight Restaurant offers a full-service bar, a spacious dining room with seating for 100+, and a stunning waterfront patio accommodating 80+ guests. With its full commercial kitchen, public washrooms, and recent updates, the building blends modern functionality with the irreplaceable historic charm that has made it a cornerstone of downtown for generations. Upstairs, three apartments provide additional revenue or owners accommodations: two feature two bedrooms each with breathtaking ocean and wharf views, while the third one-bedroom unit is currently used as an office and storage. Included in the offering is valuable waterfront land, with ownership to low tide, and it connects directly to Market Square, opening the door to potential expansion or unique business opportunities. Recently acquired land also provides parking for three vehicles, a true rarity in the heart of downtown St. Andrews. With its prime location, history, and versatility, this property is perfect for year-round use as a landmark restaurant, event venue, or multi-use investment with strong rental income. Opportunities to own a property of this caliber in St. Andrews are extremely rare. (id:4069)
Address
225 Water Street
List Price
$2,479,000
Property Type
Business
Type of Dwelling
Business
Transaction Type
Sale
Area
New Brunswick
Sub-Area
Saint Andrews
Floor Area
6,954 Sq. Ft.
Lot Size
0.36 Sq. Ft.
Year Built
1849
MLS® Number
NB126689
Listing Brokerage
Fundy Bay Real Estate Group Inc.
Postal Code
E5B1B3
Zoning
Commercial
Site Influences
Recreation Nearby, Shopping, Waterfront, View
Features
Visual exposure, Beach

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Barry & Rob Macdonald

RE/MAX Professionals Saint John Inc., Brokerage

Mobile: 506-608-1906

Office: 506-647-8902

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10 King George CT Saint John NB E2K 0H5