Buying or Selling your House in Western Newfoundland and Labrador

722 Water Street

St John's, Newfoundland & Labrador

$1,325,000

Quick Summary

Location
St John's, Newfoundland & Labrador
Price
$1,325,000
Building Type
Special Purpose
Property Type
Business
Status
For sale
Area
n/a
Beds
n/a
Baths
n/a
Age
n/a
Postal Code
A1E 1C2
MLS®
1290690
Courtesy Of
eXp Realty
Database ID:59895 DDF Feed ID: 28895467 Latitude: 47.548638 Longitude: -52.720182

Property Description

Investor Opportunity – Mixed-Use Portfolio (3 Properties) with business number if needed. Seize this rare chance to own a diverse, income-producing portfolio of three 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 $10,900/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. --41 Cashin Avenue Use Options: 2 residential units or commercial on main + residential above. Current Income: $3,200/month. Additional Structure: Attached building suitable for storage only (not currently occupiable). Rental or Redevelopment Potential. ?? Portfolio Snapshot: Total Monthly Cash Flow: $10,900/month. Diversified Income: Residential + commercial leases. Zoning: Mixed-use across all properties. Bonus Value: $250K in commercial equipment (butcher shop). Prime Locations: High-traffic, visible areas ideal for tenant retention and business. Serious inquiries only. Full financials, leases, and property tours available upon request. Invest smart. Diversify with mixed-use. Grow with confidence. (id:47053)

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Building Information

  • Building Type: Special Purpose
  • Electric Heat

Full Details

MLS® Number:1290690
Ownership Type:Freehold
Price:$1,325,000
Property Type:Business
Transaction Type:For Sale
Zoning Description:cm
More Information Link: https://www.realtor.ca/real-estate/28895467/722-water-street-st-johns

Size Total Text:0-4,050 sqft

Heating Fuel:Electric
Type:Special Purpose
Listing information last updated on 2025-09-22 14:12:59 -0230
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