$999,500

Commercial For Sale In Old West End, St John's, Newfoundland and Labrador

$999,500

Property Information:

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:27)

Building Features:

  • Style: Retail
  • Building Type: Retail
  • Heating Fuel: Electric

Property Features:

  • OwnershipType: Freehold
  • Property Type: Retail
  • Zoning: cm

Courtesy of: eXp Realty

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.