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Home NB Greater Fredericton York County Fredericton Downtown
551 King Street Unit# 101
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551 King Street Unit# 101 $99,800
$99,800
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551 King Street Unit# 101
Fredericton, New Brunswick E3B1E7

MLS® Number: NB130035

Listing Description

Excellent opportunity to acquire Merle Norman Spa and Cosmetics Studio, a well-established and profitable business with nearly 50 years of success in a high-traffic downtown location. This turnkey operation includes all equipment, leasehold improvements, and a loyal client base, with no franchise fees. The business benefits from a favorable $3,000/month lease inclusive of electricity and water, and consistent walk-in traffic from surrounding offices, retail, and service businesses. Ideally situated across from the upcoming Performing Arts Centre and next to the new Justice Building, this property is positioned for significant growth and increased foot traffic. The space was previously used as a café, allowing flexibility for diversification or expansion into complementary services. With ample room for future expansion, its also an exceptional opportunity for business immigrants seeking a seamless start in a welcoming and fast-developing community. Zoned City Centre, the location supports a variety of uses including retail, restaurant, medical, office, or child care. Financial statements are available to qualified buyers. This is a rare chance to own a profitable, reputable business in a rapidly developing area ideal for an investor or entrepreneur seeking a stable operation with strong cash flow and excellent future potential. (29226684)

Location Description

King Street to civic #551

Property Summary

Property Type
Other
Title
Leasehold
Land Size
0
Annual Property Taxes
$0
Time on REALTOR.ca
34 days

Building

Building Features
Rental Equipment
None
Structures
None
Heating & Cooling
Cooling
Air Conditioned
Heating Type
Baseboard heaters, (Electric)
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Amenities Nearby
Public Transit, Shopping

Land

Lot Features
Road Type
Paved road
Other Property Information
Access
Year-round access, Road access, Public Road
Zoning Description
City Centre
Data provided by: New Brunswick REALTORS®
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Josie Livingstone