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An exceptional opportunity to acquire a substantial waterfront property in the heart of downtown St. Andrews by-the-Sea. Properties offering this combination of location, waterfront, existing income and future potential are rarely available in the towns commercial core. Situated directly on Water Street, this mixed-use property offers an established commercial space at street level together with three residential units above, valuable waterfront land extending toward the harbour, direct connection toward Market Square, and parking for three vehicles. While the property currently accommodates a full-service restaurant, the real opportunity extends well beyond its present use. For an investor or developer with vision, the size and configuration of the property may present possibilities to further enhance its commercial and residential income, explore additional accommodations or rental units, expand or reimagine portions of the existing property, or create an entirely new mixed-use concept that takes full advantage of its exceptional downtown waterfront setting, subject to all applicable approvals. The existing building provides considerable infrastructure from which to begin. The main level includes a large commercial space, full commercial kitchen, bar, public washrooms and an expansive waterfront patio. Above are three residential units, including two two-bedroom apartments with outstanding harbour and wharf views, while the third one-bedroom unit is presently used for office and storage purposes. Continue the existing operation, reposition the commercial space, increase residential or accommodation income, or investigate a larger redevelopment vision. Development possibilities are subject to municipal, planning, heritage and other applicable approvals. Buyers are encouraged to complete their own due diligence regarding their intended use. Don't buy it for what it is. Buy it for where it is, what comes with it, and what it could become.
Source: Public Records
Discover key demographics, population statistics, and environmental insights for the Saint Andrews, NB area.
58/100
Somewhat Walkable
Walk Score ®
0/100
Minimal Transit
Transit Score ®
38/100
Bikable
Bike Score ®
Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 7/100, Transit Score: 0/100, Bike Score: 19/100.
Source: Realty.com
225 Water Street, Saint Andrews, NB E5B 1B3 in Saint Andrews, NB E5B 1B3 is a other listed at $1,999,900. Highlights include built in 1849. Realty.ca has 38 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 38 photos of 225 Water Street.
Our records indicate that 225 Water Street was built in 1849.
The full address for this home is 225 Water Street, Saint Andrews, NB E5B 1B3.
225 Water Street has been listed on Realty.com since Wed September 17, 2025
Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 7/100, Transit Score: 0/100, Bike Score: 19/100.
Listing provided courtesy of:
Fundy Bay Real Estate Group Inc.
(tel: (506) 467-2263)
Listing agent:
CINDY KOHLER
This content last refreshed on 2026-09-29 03:21:18. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.