218 Water Street Carbonear, Newfoundland & Labrador A1Y 1C2
$599,900
Located in the heart of Carbonear, this exceptional mixed-use property offers a rare investment opportunity with 5 apartment units generating approximately $49,500 annual rental income. The commercial main floor has operated successfully as a restaurant for decades and comes fully equipped with most restaurant equipment and apartment appliances included in the sale. Whether you’re looking to expand your business, open your own restaurant, or add a strong income-producing property to your portfolio, the possibilities here are endless. A full list of included items is available upon request. Apartments are rented and occupied, and pictures can be provided upon request. (id:63476)
Property Details
| MLS® Number | 1297036 |
| Property Type | Other |
| Equipment Type | Other |
| Rental Equipment Type | Other |
Building
| Appliances | Refrigerator, Stove |
| Architectural Style | 2 Level |
| Constructed Date | 1950 |
| Construction Style Attachment | Detached |
| Exterior Finish | Other, Stone, Vinyl Siding |
| Flooring Type | Carpeted, Laminate, Other |
| Foundation Type | Concrete |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Size Interior | 5,866 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Irregular | 71.5x82'or 6,038 Sqft |
| Size Total Text | 71.5x82'or 6,038 Sqft|4,051 - 7,250 Sqft |
| Zoning Description | Mixed |
Contact Us
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
June 17 2026 11:42:22
Newfoundland & Labrador Association of REALTORS®
RE/MAX Eastern Edge Realty Ltd. - Bay Roberts, RE/MAX Eastern Edge Realty Ltd. Carbonear