Property Description

Position your next high-yield development at the absolute epicentre of downtown Shediac with this premier commercial land opportunity at 16-19 Rue du Vestiaire. Spanning approximately 1 acre right across the street from Shediac's high-traffic Co-op supermarket hub, this highly coveted parcel sits in a truly unbeatable location where you simply cannot get any closer to the center of town. Holding versatile Central Commercial (CC) zoning, the property is subject to specific restrictive covenants that cleanly streamline its future development path by excluding automotive uses, petroleum, and food services. This makes the land an elite canvas tailored specifically for a landmark, multi-story mixed-use residential and corporate development. Investors can effortlessly capitalize on continuous downtown exposure by constructing high-demand professional office spaces, medical and wellness clinics, or business services on the ground floor, while dedicating the expansive upper levels to high-density, multi-unit residential apartments. Benefiting from maximum street frontage, exceptional visibility, and localized synergy next to established neighborhood infrastructure, this unique land asset ensures a focused, premium project with excellent foot traffic and rapid long-term value appreciation. Secure the most central, clear-use blank canvas in Shediac today, tap into the community's booming year-round population growth, and transform this downtown gem into a highly lucrative enterprise. (id:7434)