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Home NB Shediac
318-320 Main Street
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318-320 Main Street $1,600,000
7 days ago
$1,600,000
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318-320 Main Street
Shediac, New Brunswick E4P2E3

MLS® Number: NB115558

Listing Description

Welcome to 314-318-320 Main St, an extraordinary chance to acquire a RARE OPPORTUNITY in the heart of historic downtown Shediac. This beautifully preserved landmark spans a 10-unit portfolio, including two buildings and a parking lot, offering exceptional versatility and long-term upside. Built in 1890, this stately property has been thoughtfully renovated over the years, masterfully blending historic charm with modern updates. Initial discussions with the Shediac Economic Development Department have begun, supporting the possibility of a multifamily build at the rear. The land depth and potential for bay views from a new structure only add to the incredible upside of this investment. The portfolio includes six residential units, a mix of boutique-style Airbnbs and spacious apartments, three well-established commercial spaces, and a dedicated storage unit. Current thriving tenants a destination restaurant (Kainan), a beloved pet grooming salon (Soggy Paws Pet Grooming), and a popular seasonal ice cream shop (Ice Cream Delight), offer reliable income streams and local prestige. The large parking lot and deep lot size present exciting future development potential. This is a MUST SEE opportunity for investors seeking a mix of cash flow, pride of ownership, and long-term development potential in one of New Brunswicks most vibrant coastal communities. (28237313)

Location Description

314-318-320 Main St, is directly off Main Street Shediac. Use Kainan restaurant or Ice Cream Delight as reference if needed.

Property Summary

Property Type
Multi-family
Land Size
1800 m2
Built in
1829
Annual Property Taxes
$14,061.39
Time on REALTOR.ca
7 days

Price and Sale History

Date Status Price
Feb 8, 2023 Sale Closed $1,175,000
May 11, 2006 Sale Closed $110,000

Building

Interior Features
Appliances Included
Refrigerator, Stove, Washer, Dishwasher, Dryer
Flooring
Ceramic, Vinyl, Porcelain Tile, Hardwood
Basement Type
Partial
Building Features
Foundation Type
Stone
Total Units
10
Heating & Cooling
Cooling
Heat Pump
Heating Type
Baseboard heaters, Heat Pump, (Electric)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl

Measurements

Total Finished Area
8536 sqft

Land

Other Property Information
Access
Year-round access
Data provided by: New Brunswick Real Estate Board Unit 1 - 1000 Sandy Point Road, Saint John, New Brunswick E2K 5H3

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