$1,200,000

53 King Street
Saint John, New Brunswick E2l1g5
MLS Number: NB052873

The iconic BDC Building located on the corner of King and Germain has hit the market in Uptown Saint John and is looking for a new name and new ownership. This stoic commercial property is currently fully leased and a great investment. It would also be ideal for apartment conversion in the ever demanding need for mid-rise residential. With almost 400k recently invested in the property including a new elevator system, lobby renovation, systems upgrade, stairwell facelift, some window replacements, new plumbing throughout the basement and general cosmetic to bring it into the 21st century, the building shows very well. Producing good numbers and with a location that cannot be beat this property is a welcome addition to any investors portfolio. Don't forget to check out the video. Call today for confidential financials. (id:34572)


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Property Summary

  • Bedrooms N/A
  • Bathrooms N/A
  • Architectural Style N/A
  • Property Type Other
  • Square Footage N/A
  • Total Finished Area 19500 sqft
  • Built In 1960
  • Exterior Finish N/A
  • Heating Natural gas
  • Title N/A
  • Rental Equipment Water Heater
  • Basement Type N/A
  • Parking Type Garage
  • Features N/A
  • Flooring N/A
  • Type N/A

Land Properties

  • Lot Size 4004 SQ FT|under 1/2 acre
  • Access Type Year-round access
  • Water N/A
  • Features N/A
  • Sewer N/A

Property Map