343 St. George Street, Moncton, NB E1C1W8
Key Facts
Description
Located in the heart of downtown Moncton, 343 St. George Street presents a fully leased commercial investment opportunity comprising approximately 11,432 SF across two levels on three adjoining lots totalling approximately 13,907 SF. The property offers approximately 10,500 SF of leasable area and a strong mix of showroom, warehouse, and office space, providing investors with a well-positioned income-producing asset in one of Monctons evolving downtown commercial districts. The building includes approximately 5,932 SF on the main level and 5,500 SF on the second floor, in addition to a full basement level. Interior features include industrial-inspired office finishes, exposed ceilings, expansive window spans, and strong natural light throughout. Rear on-site parking further enhances functionality for the existing tenancy. Recent capital improvements include replacement of the low roof over the garage in 2023 and replacement of the second-level rear roof in 2024, helping support long-term asset stability and reduced near-term capital requirements. The property is fully leased, with the tenant responsible for operating costs, offering investors stable in-place income and additional recovery potential. Tenancy and financial information is available to qualified purchasers upon execution of a confidentiality agreement. Strategically positioned along St. George Street, the property benefits from excellent connectivity to Main Street, Vaughan Harvey Boulevard, and Wheeler Boulevard, while remaining within walking distance to restaurants, cafés, professional services, and downtown amenities. The surrounding downtown area continues to see ongoing revitalization and investment activity, supporting long-term growth and investor appeal within Monctons urban core. (id:31684)
Property Information
Property Type
Residential
Living Area
11,432 sq ft
Ownership
Freehold
Listing #
NB140328
Property Features
Cooling
Affordability Calculator
$299,000
Estimated monthly payment
$7,957/mo
Principal $1,196,000 · Est. interest $1,668,526 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Moncton, NB
- CA$381,250
- Median Listing Price
- 51
- Median Days on Market
- 1,916
- Median Sq Ft
- CA$215
- Median Price / Sq Ft
- 497
- Active Listings
- This home’s price is 292% above the area median.
- Its price per sq ft is 39% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Moncton, NB.
Location
Points of Interest in Moncton, NB
Showing the Moncton area map.
Nearby Schools
Edith Cavell School
School · 0.2 km away
Wee Collège, Inc.
School · 0.3 km away
McKenzie College
Secondary School · 0.7 km away
Moncton High School
Secondary · 0.8 km away
Medavie Healthed
Secondary · 0.9 km away
Hillcrest School
School · 1.4 km away
Ecole Sainte-Bernadette
Elementary · 1.6 km away
Queen Elizabeth School
School · 1.7 km away
Bessborough School
School · 2.0 km away
Harrison Trimble High School
Secondary · 2.0 km away
Sunny Brae Middle School
Elementary · 2.1 km away
Greater Moncton School of Discovery
School · 2.2 km away
Love and Learn Child Center
School · 2.3 km away
Ecole Saint Henri
Elementary · 2.4 km away
Emmanuel Baptist Church
Secondary · 2.5 km away
Bricks4kidznb
School · 2.7 km away
Sistema Nb Moncton Centre
School · 2.8 km away
Moncton Christian Academy
School · 2.8 km away
Bernice MacNaughton High School
Secondary · 2.9 km away
Beaverbrook School
School · 3.1 km away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| Lot Elmwood Drive, Moncton, NB | CA$1,050,000 | — | — | — |
| 90 Congressional Crescent, Moncton, NB | CA$1,100,000 | 4 | 4 | 5,600 |
| 45 Edmond Street, Moncton, NB | CA$1,100,000 | — | — | 3,785 |
| 94 Rideout Street, Moncton, NB | CA$1,149,000 | — | — | 7,642 |
| 83 Royal Oaks, Moncton, NB | CA$1,169,900 | 5 | 3 | 3,970 |
| 378 Coverdale Street, Moncton, NB | CA$1,200,000 | — | — | 5,520 |
Moving Cost Estimate
EXIT Agents in Moncton
Listing Courtesy: Colliers International New Brunswick
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