A longstanding for sale sign in uptown Saint John is coming down. The building that once housed Woolworth’s and the old Bargain Shop has officially been sold.
It required six months of negotiations but Integrity Real Estate has purchased the building.
#91King Street SOLD #breakingnews #commercialrealestate #saintjohn #lovelifeuptown https://t.co/gVBSrxhwcy pic.twitter.com/W051st48ao
— Stephanie Turner (@steffturner) March 29, 2018
The more than 44,000 square foot property is in a very high-profile location sitting on a one-third acre corner lot at King and Charlotte with three floors plus a basement and was listed at 1.75-million-dollars.
The building is zoned for mixed use, though the ground floor has to remain commercial, and it’s not designated as a heritage building. It’s also zoned for up to 20 stories.
Realtor Stephanie Turner calls this fantastic news for uptown Saint John.
“This strategic corner has been sorely underutilized for years and it’s time has now come!” Turner says.
The company also purchased a building at 22 King Street. For more info, click here
We are very excited to be announcing the sale of 2 terrific King Street properties to Roo Chang, President of Integrity Real Estate Investment. Let’s imagine a new gathering space we can all be proud of!@uptownsaintjohn@cityofsaintjohn https://t.co/tTllTiPPfT
— Develop Saint John (@DevelopSJ) March 29, 2018
“We’re delighted to see it happen”. That from Nancy Tissington at Uptown Saint John.
She tells CHSJ New they are hoping to see more residents living in the Uptown Saint John and more businesses coming in.
“It’s an ideal location, a nice anchor to the top of King Street” Tissington says. She says this investment shows confidence in the Uptown.
This is 22 King Street. This building and 91 King Street were both bought by Integrity Real Estate Development with plans for mixed-use development. pic.twitter.com/qGSDDmObsd
— Tamara Steele (@tamarasteele1) March 29, 2018
