202 Water Street, St. John's, Newfoundland & Labrador A1C 1A9

Listed for:
$699,000
0 beds
0 baths
Listed 40 days ago
Commercial Mix for rent: 202 Water Street, St. John's, Newfoundland & Labrador A1C 1A9

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Learn more about this property
Listing provided by:
RE/MAX Realty Specialists
MLS® number:
1281858
Agent:
Winnie Lei
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About

Opportunity knocks on Water Street, the most sought-after location in Downtown St. John’s! This high-traffic, high-visibility 3-unit property is fully rented, generating $5,600 per month in rental income, and offers a turnkey investment in the city’s thriving commercial district. Situated along the designated Pedestrian Mall strip, this property sees a surge in foot traffic from June to September, making it an ideal spot for retail and service businesses. The main and second floors are occupied by commercial tenants, while the third floor features a residential unit, each with separate electrical meters and 400-amp service. The historic brick façade and prime storefront presence make this an attractive option for long-term value appreciation. With 3,495 sq. ft. of total space, this three-level mixed-use building offers flexibility for various investment strategies. Whether you’re looking to expand your real estate portfolio, capitalize on the downtown rental market, or secure a valuable commercial space in a premium location, 202 Water Street is an unbeatable opportunity. Don’t miss out—schedule a viewing today! (id:27476)

Property Highlights

MLS® Number
1281858
Type
Retail
Ownership Type
Freehold

Building

Building Type
Commercial Mix
Storeys
3.00
Amenities
Living Accommodation Shopping
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Electric
Building Cooling Type

Location