$699,000
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:63476)
Business
|
Business Type |
Food Services and Beverage, Other, Retail and Wholesale, Retail and Wholesale, Service |
|
Business Sub Type |
Bakery, General commercial, Florist/Gifts, Specialty retail, Miscellaneous services |
Property Details
|
MLS® Number |
1295117 |
|
Property Type |
Retail |
Building
|
Heating Fuel |
Electric |
|
Type |
Retail |
Land
|
Acreage |
No |
|
Size Total Text |
0-4,050 Sqft |
|
Zoning Description |
Comm |