The Opportunity
Overview
An exceptional opportunity to acquire a substantial waterfront property in the heart of downtown St. Andrews by-the-Sea. Properties offering this combination of location, waterfront, existing income and future potential are rarely available in the towns commercial core. Situated directly on Water Street, this mixed-use property offers an established commercial space at street level together with three residential units above, valuable waterfront land extending toward the harbour, direct connection toward Market Square, and parking for three vehicles. While the property currently accommodates a full-service restaurant, the real opportunity extends well beyond its present use. For an investor or developer with vision, the size and configuration of the property may present possibilities to further enhance its commercial and residential income, explore additional accommodations or rental units, expand or reimagine portions of the existing property, or create an entirely new mixed-use concept that takes full advantage of its exceptional downtown waterfront setting, subject to all applicable approvals. The existing building provides considerable infrastructure from which to begin. The main level includes a large commercial space, full commercial kitchen, bar, public washrooms and an expansive waterfront patio. Above are three residential units, including two two-bedroom apartments with outstanding harbour and wharf views, while the third one-bedroom unit is presently used for office and storage purposes. Continue the existing operation, reposition the commercial space, increase residential or accommodation income, or investigate a larger redevelopment vision. Development possibilities are subject to municipal, planning, heritage and other applicable approvals. Buyers are encouraged to complete their own due diligence regarding their intended use. Don't buy it for what it is. Buy it for where it is, what comes with it, and what it could become. (id:61970)
Investment highlights
- 01Business
Property details
- Property type
- Business
- Transaction
- business
- Site area
- 0.36 acres
- Listing brokerage
- Fundy Bay Real Estate Group Inc.
- Listing representative
- Cindy Kohler
- Board / association
- New Brunswick
Financial information
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Location intelligence
Documents
Source Record
Current listing facts, with attribution intact.
- Source
- REALTOR.ca DDF®
- Listing status
- active
- Source ID
- 28877083
- Last supplied
- September 5, 2026
- Listing brokerage
- Fundy Bay Real Estate Group Inc.
- Listing representative
- Cindy Kohler
- Board / association
- New Brunswick
Commercially preserves the source listing’s brokerage attribution and links back to its REALTOR.ca record. Request information to confirm availability, documents, showing protocol and any facts not present in the supplied record.
Listing brokerage: Fundy Bay Real Estate Group Inc. · Listing representative: Cindy Kohler · Board/association: New Brunswick · Updated: Sep 5, 2026
Listing content is supplied through REALTOR.ca DDF®. Information is deemed reliable but is not guaranteed and should be independently verified. Commercially is not the listing brokerage unless expressly stated.
