Buying or Selling your House in Western Newfoundland and Labrador

168 Water Street

St. John's, Newfoundland & Labrador

$460,000

Quick Summary

Location
St. John's, Newfoundland & Labrador
Price
$460,000
Building Type
Other
Property Type
Business
Status
For sale
Area
2629 sqft
Beds
n/a
Baths
n/a
Age
n/a
Postal Code
A1C 1A7
MLS®
1290933
Courtesy Of
Century 21 Seller's Choice Inc.
Database ID:60108 DDF Feed ID: 28917594 Latitude: 47.565216 Longitude: -52.706176

Property Description

Prime Downtown Investment Opportunity! Welcome to 168 Water Street, a landmark property in the vibrant core of historic St. John’s. This three-unit brick building combines timeless character with exceptional investment appeal. Featuring two self-contained 710 sq. ft. apartments (POU) and a 1,029 sq. ft. commercial storefront leased to Darth Vapor, it offers a strong tenant mix and dependable income. Situated directly on Water Street, the city’s most iconic commercial corridor, this property benefits from its prime downtown location near major banks, financial institutions, office towers, courts, and legal centres. It’s also surrounded by top restaurants, tour boat facilities ??, boutique shops, hotels, and entertainment venues, ensuring steady foot traffic and year-round activity. With annual income exceeding $57,000, low operating expenses, and a cap rate firmly in the double digits, 168 Water Street presents an outstanding opportunity to anchor your portfolio in one of St. John’s most sought-after districts. (id:47053)

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Building Information

  • Building Type: Other
  • Area: 2629 sqft
  • Electric Heat
  • 3 stories

Full Details

MLS® Number:1290933
Ownership Type:Freehold
Price:$460,000
Property Type:Business
Transaction Type:For Sale
Zoning Description:cdm
More Information Link: https://www.realtor.ca/real-estate/28917594/168-water-street-st-johns

Size Total Text:17x71x20x66|0-4,050 sqft
Size Irregular:17x71x20x66

Constructed Date:1920
Heating Fuel:Electric
Stories Total:3
Size Interior:2629 sqft
Type:Other
Listing information last updated on 2025-09-26 14:52:56 -0230
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