168 Water Street St. John's, Newfoundland & Labrador A1C 1A7
$460,000
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 strong tenant mix and dependable income. Situated directly on Water Street, the city’s most iconic commercial corridor, the property is surrounded by top restaurants, boutique shops, cultural attractions, and steady foot traffic, making it an ideal location for long-term growth and stability. 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:47656)
Business
| Business Type | Other, Other, Other, Service |
| Business Sub Type | General commercial, Other, Mixed - IC&I, Miscellaneous services |
Property Details
| MLS® Number | 1290933 |
| Property Type | Business |
| Neigbourhood | Downtown |
Building
| Constructed Date | 1920 |
| Heating Fuel | Electric |
| Stories Total | 3 |
| Size Interior | 2,629 Ft2 |
| Type | Other |
Land
| Acreage | No |
| Size Irregular | 17x71x20x66 |
| Size Total Text | 17x71x20x66|0-4,050 Sqft |
| Zoning Description | Cdm |
https://www.realtor.ca/real-estate/28917594/168-water-street-st-johns
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October 06 2025 01:43:30
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