This retail in St. John's is available for your consideration. The home features electric heating.
Exceptional Investment on Historic Water Street in Downtown St. John’s. This is a rare opportunity to own a fully leased mixed-use property in one of the city’s most desirable locations. Situated at 202 Water Street, the building features two commercial storefronts on the main and second floors, along with a residential apartment on the third floor, offering a strong tenant mix and dependable income. Generating an annual income of approximately $67,000, this property provides both consistent cash flow and long-term value. Located along the designated Pedestrian Mall, it benefits from some of the highest foot traffic during the summer months, making it an ideal spot for retail or service-based businesses. With its classic brick façade, excellent street visibility, and prime downtown setting, this property is perfect for investors looking to expand their portfolio or buyers seeking a signature commercial space in one of St. John’s most vibrant areas. (id:60351)
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Listed by Jaykumar Patel, Century 21 Seller's Choice Inc.
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Listing represented by Jaykumar Patel, Century 21 Seller's Choice Inc. · MLS# 1295117
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.