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Home NB Greater Bathurst Bathurst
281 St George
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281 St George $299,900
$299,900
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281 St George
Bathurst, New Brunswick E2A1B8

MLS® Number: NB114475

Listing Description

Located in the heart of Downtown Bathursts recognized Business Improvement Area (BIA), this 3-storey commercial building offers 4,196 sqft of space with a blend of character and potential. Featuring a new flat roof (Spring 2023), a new heat pump in the top-floor office (Summer 2023), spray foam insulated basement, and its own on-site parking lotthis property is a rare find. Full of charm, it includes a semi-circle staircase connecting all three floors and a historic bank vault in the basement. With roots tracing back to approximately 1847, the building was rebuilt after fires in 1923 and again in 1987. An independent appraisal completed in Summer 2023 places its current value at $341,000 with a projected post-renovation value of up to $982,000 if developed into high-end office space. A unique opportunity to own a landmark property with strong potential for future growth. Disclosure - Seller is a Licensed REALTOR® in New Brunswick. (28173085)

Property Summary

Property Type
Office
Title
Freehold
Land Size
0.284 ac
Built in
1987
Annual Property Taxes
$6,389
Time on REALTOR.ca
10 days

Price and Sale History

Date Status Price
Sep 20, 2021 Sale Closed $73,000

Building

Building Features
Rental Equipment
None
Structures
None
Heating & Cooling
Cooling
Heat Pump
Heating Type
Baseboard heaters, Heat Pump, (Electric)
Exterior Features
Exterior Finish
Brick
Business
Business Type
Other (Offices)

Measurements

Total Finished Area
4196 sqft

Land

Other Property Information
Access
Year-round access
Data provided by: New Brunswick Real Estate Board Unit 1 - 1000 Sandy Point Road, Saint John, New Brunswick E2K 5H3
Erica Lynn