For Sale: 795 Principale Street, Clair, NB

About this home

Eight residential rental units are the highlight of this mixed-use investment property in Clair, New Brunswick, adjacent to the Maine border. With residential rentals providing the property's primary source of income, this building offers an opportunity for investors looking to expand their rental portfolio, with commercial space adding further revenue potential. The upper level features six 1-bedroom apartments, one 2-bedroom apartment, and a spacious 4-bedroom unit with two kitchens, two bathrooms, and two separate entrances. This mix of unit sizes offers flexibility to accommodate a range of tenants, with potential for long-term rentals, corporate housing, or workforce accommodations. The main floor includes two commercial kitchens, a spacious dining area with a full-service bar, a private room for gatherings, and a dedicated conference room. This layout creates options for a commercial tenant or an owner-operated business to complement the residential rental income. With eight rental units and versatile commercial space under one roof, this property offers multiple income opportunities in a border community. (id:63626)

Listed by: Cindy Michaud, Salesperson, Royal LePage Prestige

Home facts and features

Price details

List Price

$535,000

Gross Taxes for 2026

$2,790

Home facts

Bedrooms

Full Bathrooms

Property Type

Multifamily

Lot Size

3950 ft²

Depth

Year Built

Built in 1948 (78 yrs old)

Title

Freehold

Exterior Finish

Stucco, Vinyl, Aluminum siding

Heating Type

Heat Pump, Baseboard heaters, Electric

Cooling

Heat Pump

Appliances

Refrigerator, Stove

Agent details

Primary Agent

Cindy Michaud

Primary Broker

Royal LePage Prestige

Listing details

Days on REW

9 Days

MLS® Number

NB150908

Source

Canadian Real Estate Association

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Property Insights

Schools nearby

10 Schools are within 44km

École Communautaire Ernest-Lang

n/a
K - 8
In Catchment

Saint Mary's Academy

n/a
K - 12
In Catchment

Carrefour De La Jeunesse

n/a
K - 8
In Catchment

Cité Des Jeunes

n/a
9 - 12
In Catchment

École Notre-Dame

n/a
K - 8
In Catchment

Cité Des Jeunes A.-M.-Sormany

n/a
9 - 12
In Catchment

École Saint-Jacques

n/a
K - 8
In Catchment

École Régionale Saint-Basile

n/a
K - 8
In Catchment

École Mgr-Matthieu-Mazerolle

n/a
K - 8
In Catchment

École Régionale Sainte-Anne

n/a
K - 8
In Catchment

795 Principale StreetClair, NB, E7A 2H5