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:55598)
- MLS® M161495
- Date Listed11/10/2024
- Time on Realty 0 Hours
- Bedrooms -
- Bathrooms
- Lot Size -
- Property Type Other
- Water Public
- Square Feet 6,237 sq. ft
- Price Per Sq. Ft $255.73
Interior Features
- Cooling Central Air Conditioning, Air Conditioned
- Heating Natural Gas
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Nearby Schools
Source: School Digger
Sales & Tax History
Source: Public Records
51/100
Somewhat Walkable
Walk Score ®
40/100
Some Transit
Transit Score ®
57/100
Bikable
Bike Score ®
Overview
Some errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.Transit Summary
12 nearby routes: 11 bus, 1 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 33/100, Transit Score: 18/100, Bike Score: 46/100.
Points of interest near 759 761 Main Street, Moncton, NB E1C1E5
Frequently Asked Questions for 759 761 Main Street
Source: Realty.com
759 761 Main Street, Moncton, NB E1C1E5 is a Other, Other property listed for $1,595,000 The property is 6237 sq. ft with - bedrooms and 0 bathrooms
Realty.com has 28 photos of 759 761 Main Street.
The full address for this home is 759 761 Main Street, Moncton, NB E1C1E5.
Some errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 33/100, Transit Score: 18/100, Bike Score: 46/100.
Listing provided courtesy of:
Platinum Atlantic Realty Inc.
(tel: (506) 870-8888)
Listing agent:
Pierre Gauvin
(tel: (506) 863-5575)
This content last refreshed on 2024-11-10 16:53:16. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 759 761 Main Street, Moncton, NB E1C1E5 : MLS® M161495