722 Water Street St John's, Newfoundland & Labrador A1E 1C2

$999,500

Investor Opportunity – Mixed-Use Portfolio (2 adjoining Properties) with business number if needed. Seize this rare chance to own a diverse, income-producing portfolio of 2 mixed-use properties offering strong current returns and long-term growth potential. With a combination of residential units, commercial leases, and included assets, this package delivers over $7700/month in rental income. --722 Water Street Flexible Use: 1–2 residential units or commercial space on the main with residential above Current Income: $3,200/month Zoning: Commercial/residential mix Ideal For: Owner-occupiers, live/work setups, or pure rental. --720 Water Street (Neighbouring Property) Commercial Lease: Triple Net (NNN) tenant at $4,500/month. Fully Renovated: Modernized throughout. Bonus Asset: Includes a fully equipped butcher shop with $250,000 in commercial-grade equipment (included in sale). Turnkey Investment: Stable tenant with minimal maintenance. (id:49203)

Business

Business Type Accommodation, Food Services and Beverage, Food Services and Beverage, Restaurant, Retail and Wholesale
Business Sub Type Bed & Breakfast, Bakery, Butcher shop, Restaurant, Florist/Gifts

Property Details

MLS® Number 1293189
Property Type Retail

Building

Heating Fuel Electric
Type Retail

Land

Acreage No
Size Total Text 0-4,050 Sqft
Zoning Description Cm

https://www.realtor.ca/real-estate/29173465/722-water-street-st-johns

Contact Us

Contact us for more information

Generating Captcha

Jeff Ledrew

(709) 727-8850

Exp Realty
33 Pippy Place, Suite 304
St. John's, Newfoundland & Labrador A1B 3X2

(709) 800-0412
exprealty.ca/

Dekker Team
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.