ONE. CommercialSign in
359 Victoria Street, Edmundston
For Sale · Commercial

359 Victoria Street, Edmundston

359 Victoria Street, Edmundston

For Sale

Property details

Building area
5,200 sq ft
Lot size
30,677 sq ft
Year built
1996
Annual taxes
$13,011.58/yr

Description

Welcome to 359 Victoria Street. This commercial building is definitely a rare gem in the region. Located in the heart of the city of Edmundston, this building is an investment opportunity not to be missed. This business is currently a family restaurant with a very good clientele for many years. The building can very well be converted into short or long term rental housing. The option to buy the business only is also available. The Ouellette Family Restaurant, an institution for over 30 years, offers you a unique opportunity to become the owner of the business for $300,000. Highlights: -150 seats on 2 floors, including a reception room with a bar. -Varied and renowned menu: fish, seafood, pizzas, burgers, poutines, and more! -Complete high-quality equipment, ready to use. -Growth potential: delivery, theme nights, extended hours. -Loyal clientele and excellent sales. -Flexibility of acquisition: Lease the building while becoming the owner of the business. Ideal for reducing initial costs while benefiting from a turnkey business. Income and expenses and the list of equipment and inventory are available upon request. Contact today to discuss this unique opportunity!

Location

359 Victoria Street, Edmundston

🔒 Market intelligence · PremiumUnlock →
Area population
Avg HH income
Recent comps
Cap-rate benchmark

Demographics, trade-area scores, comparable sales, and price history for this property — with Premium.

Listing courtesy of Riviera Real Estate Ltd. Data via Northern & Valley REALTOR® board.

Listing courtesy of Riviera Real Estate Ltd, Northern & Valley board. Data provided under the NB REALTOR® RETS agreement.