$ 1.595.000

759 761 Main Street, Moncton

  • Living area: 6237 square feet
  • Type: Commercial
  • Added: 90 days ago
  • Updated: 61 days ago
  • Last Checked: 1 hours 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 Details

  • Cooling: Central air conditioning, Air Conditioned
  • Heating: Natural gas

Interior Features

  • Living Area: 6237
  • Above Grade Finished Area: 7237
  • Above Grade Finished Area Units: square feet

Location & Community

  • Directions: From City Hall drive walk west for 150 meters, the building is on the corner of Main and Church street.
  • Common Interest: Freehold

Tax & Legal Information

  • Parcel Number: 00687830, 00687848
  • Tax Annual Amount: 48381
  • Zoning Description: Central Bu

Additional Features

  • Security Features: Sprinkler System-Fire
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Nearby Places

Name
Type
Address
Distance
Sequoia Whole Foods and Natural Products
Cafe
114 Highfield St
1.0 km
Moncton Times and Transcript
Establishment
939 Main St
1.0 km
Graffiti
Restaurant
897 Main St
1.1 km
Victoria Park
Park
Moncton
1.1 km
Tajmahal Flavor of India
Restaurant
882 Main St
1.2 km
Capitol Theatre
Establishment
811 Main St
1.2 km
YMCA of Greater Moncton
Food
30 War Veterans Ave
1.2 km
Red Satay Grill
Restaurant
207 St George St
1.3 km
Boutique Hotel St James
Restaurant
14 Church St
1.3 km
The Old Triangle Irish Alehouse
Bar
751 Main St
1.3 km
Tim Hortons
Cafe
721 Main St
1.4 km
TRIIIO Restaurant & Lounge
Night club
750 Main St
1.4 km
More Details?
  • Pierre Gauvin
  • Platinum Atlantic Realty Inc.
  • 506-863-5575