For Sale: 68 King Street, Saint John, NB

About this home

Excellent opportunity to acquire a strong income-generating mixed-use property in the heart of Uptown Saint John. The property is currently tenanted with a restaurant occupying the first and second floors, generating $5,500/month in rent. The tenant is responsible for utilities (heat, power, water & sewer) and equipment maintenance, providing investors with a stable and attractive income stream. This 4-storey building offers approximately 1,700+ sq. ft. per level (approximate, to be verified). The first and second floors are zoned commercial, while the third and fourth floors are zoned residential, offering excellent potential for future residential development to increase overall returns. Any change of use or rezoning is subject to municipal approvals, allowing investors multiple long-term strategies. Situated on King Street in Uptown Saint John, this property benefits from a highly desirable urban location surrounded by major residential developments nearing completion. These projects are actively transforming the area, increasing population density, demand, and long-term property values. The property includes access and parking from Germain Street.Any chattels and/or equipment are to be confirmed in the Agreement of Purchase and Sale. secure a high-performing investment with immediate income and future upside in one of the most active growth corridors. Definitely worth a lookbook your showing appointment today. (id:63626)

Listed by: Hebatalla Mohamed, Salesperson, EXIT Realty Specialists

Home facts and features

Price details

List Price

$599,000

Gross Taxes for 2026

$9,395

Home facts

Bedrooms

Full Bathrooms

Partial Bathrooms

Property Type

Multifamily

Lot Size

1798 ft²

Depth

Title

Freehold

Style

4 Level

Exterior Finish

Brick

Heating Type

Baseboard heaters

Agent details

Primary Agent

Hebatalla Mohamed

Primary Broker

EXIT Realty Specialists

Secondary Agent

Li Song

Secondary Broker

EXIT Realty Specialists

Listing details

Days on REW

141 Days

Property Views

136

MLS® Number

NB131978

Source

Canadian Real Estate Association

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Property Insights

Schools nearby

10 Schools are within 2km

St. Malachy's Memorial High School

n/a
9 - 12
In Catchment

Saint John High School

n/a
9 - 12
In Catchment

Prince Charles School

n/a
K - 8
In Catchment

St. John The Baptist/King Edward School

n/a
K - 8
In Catchment

Princess Elizabeth School

n/a
K - 8
In Catchment

Divine Mercy Catholic School

n/a
K - 9
In Catchment

Bayside Middle School

n/a
6 - 8
In Catchment

Harbour View High School

n/a
9 - 12
In Catchment

Centennial School

n/a
K - 5
In Catchment

Hazen-White-St. Francis School

n/a
K - 8
In Catchment

68 King StreetSaint John, NB, E2L 1G4