759 761 Main Street, Moncton
- Living area: 6237 square feet
- Type: Commercial
- Added: 108 days ago
- Updated: 4 hours ago
- Last Checked: 8 minutes ago
The Old Bank is a prestigious Class A building situated at the bustling intersection of Main Street and Church Street in the heart of Downtown Moncton. This prime location, combined with the buildings outstanding features and potential, makes it an exceptional investment opportunity. The property spans two parcels with a site area of 0.117 acres and a net rentable area of 6,237 SF, zoned as Central Business District (CBD). The buildings main level is fully occupied by two long-term restaurant tenants: MK Thai Gourmet (2,000 SF) and Taverna (2,861 SF), ensuring consistent revenue for years to come. Additionally, there is 1,376 SF of vacant office space that presents flexible usage options, including potential conversion into an executive retail space or a residential unit for added value. The property also features a 3,000 SF basement with washrooms, storage, and office space. Public parking garage immediately behind, enhancing convenience for tenants and visitors. The buildings high visibility and excellent signage opportunities further contribute to its attractiveness. Extensive tenant fit-ups have been completed to convert both commercial units into premium restaurant spaces, with expenditures upwards of $1.5 million. Roof was redone in 2024. With its prime location, stable income, versatile opportunities, and premium quality, the Old Bank Building is a highly desirable investment opportunity in the heart of Downtown Moncton. Financials available upon request. (id:1945)
Property DetailsKey information about 759 761 Main Street
Interior FeaturesDiscover the interior design and amenities
Location & CommunityUnderstand the neighborhood and community
Tax & Legal InformationGet tax and legal details applicable to 759 761 Main Street
Additional FeaturesExplore extra features and benefits
This listing content provided by REALTOR.ca
has
been licensed by REALTOR®
members of The Canadian Real Estate Association
members of The Canadian Real Estate Association
Nearby Listings Stat
Active listings
143
Min Price
$59,900
Max Price
$3,800,000
Avg Price
$527,895
Days on Market
83 days
Sold listings
43
Min Sold Price
$125,000
Max Sold Price
$1,422,000
Avg Sold Price
$386,995
Days until Sold
85 days