722 Water Street St John's, Newfoundland & Labrador A1E 1C2
$999,500
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:47656)
Business
| Business Type | Accommodation, Food Services and Beverage, Food Services and Beverage, Restaurant, Retail and Wholesale |
| Business Sub Type | Bed & Breakfast, Bakery, Butcher shop, Restaurant, Florist/Gifts |
Property Details
| MLS® Number | 1293189 |
| Property Type | Retail |
Building
| Heating Fuel | Electric |
| Type | Retail |
Land
| Acreage | No |
| Size Total Text | 0-4,050 Sqft |
| Zoning Description | Cm |
https://www.realtor.ca/real-estate/29173465/722-water-street-st-johns
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December 09 2025 01:52:45
Newfoundland & Labrador Association of REALTORS®
Exp Realty