795 Principale Street, Clair
795 Principale Street, Clair
Property details
- Building area
- 12,915 sq ft
- Lot size
- 42,517 sq ft
- Year built
- 1948
- Annual taxes
- $2,789.5/yr
Description
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.
Demographics, trade-area scores, comparable sales, and price history for this property — with Premium.
Listing courtesy of Royal LePage Prestige. Data via Northern & Valley REALTOR® board.
Listing courtesy of Royal LePage Prestige, Northern & Valley board. Data provided under the NB REALTOR® RETS agreement.
