359 RUE VICTORIA
New Brunswick · E3V2K1
$975,000
About this residence
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! (id:61366)
Property details
- Property type
- Other
- Ownership
- Freehold
- Bedrooms
- 0
- Living area
- 5,200 sq ft
- Lot size
- 2850
- Year built
- 1996
- Annual tax
- $13,012
- MLS®
- NB126923
- Board
- New Brunswick
- Status
- Active
- Listed
- Sep 17, 2025
- Updated
- May 11, 2026
Features & finishes
Heating
- Electric
Cooling
- Central air conditioning
- Air exchanger
Exterior
- Brick
- Vinyl
- Aluminum/Vinyl
Financing
Estimated monthly payment
$4,560/mo
Loan amount
$780,000
Down payment
$195,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
New Brunswick
Nearby
About the area
Census · E3V- 12,142
- Population
- 54
- Median age
- $55,600
- Median income
- $150,000
- Median home value
- 61%
- Home ownership
- 14 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 359 RUE VICTORIA?
359 RUE VICTORIA is listed for $975,000, in New Brunswick.
How many bedrooms and bathrooms does 359 RUE VICTORIA have?
It offers 0 bedrooms and — bathrooms.
What type of home is 359 RUE VICTORIA?
359 RUE VICTORIA is a Other, built in 1996.
How large is 359 RUE VICTORIA?
The home offers approximately 5,200 sq ft of living space on a lot measuring 2850.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $4,560. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $13,012 per year.
What is the New Brunswick area like?
New Brunswick has a population of about 12,142, a median age of 54, a 61% home-ownership rate, with an average commute of about 14 minutes.
What is the average home value in New Brunswick?
The median dwelling value in this area is approximately $150,000, based on census data via Neighbourly.
What is the median household income in New Brunswick?
The median household income in this area is approximately $55,600.
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