400 Main Street, Saint John NB

Commercial Redevelopment Opportunity

160,000+/- s.f. building, situated on 3.2 acres of prime land. Although the existing building is a candidate for redevelopment, it is believed that the highest and best use for the 3.2-acre site is to demolish the existing structure in favour of a brand-new high-rise residential development. Initial investigations indicate that with a rezoning to high rise residential, up to 300 units could be built on the site.  

The NEW REDUCED PRICE underscores the value of the land itself and offers a unique opportunity for developers to secure one of the last large development parcels close to the city’s core. The property’s strategic location at the gateway to uptown Saint John offers unparalleled access to the highway and all city areas. It is just steps away from the Harbour Passage walking trails and a short 15-minute walk to the uptown waterfront. The site promises stunning views of the Saint John harbour. 

Place 400 is located in the north end of the City of Saint John at the corner of Main Street and Chesley Drive. Centrally located for quick access to all areas of the city. Within 1 km of Uptown Saint John. In close proximity to Lansdowne Place. Services in the vicinity include fast food and sit-down dining, shops and other professional services. In addition, a major city transit hub is located at Place 400.