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Listed by RE/MAX Infinity Realty Inc. - Sheraton Hotel
$1,149,900
Est. payment /mo
7,584 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,584 sqft
Price per Sqft $151
MLS Listing ID 1295815
Annual Tax Amount $17,025
Tax Year 2026
Lot Dimensions Under 0.5 Acres
Source NLAR
Property Description
This exceptional mixed-use property presents a rare opportunity in the heart of downtown St. John's. Comprising two commercial units and two residential units across three levels, the building offers approximately 7,584 square feet of well-configured space with strong income potential and long-term value. The ground floor features prime retail frontage with excellent exposure, benefiting from consistent pedestrian and vehicle traffic in one of the city's most established commercial corridors. The second floor is currently configured as open-concept office space, offering flexibility for a range of professional or creative uses. The upper level includes two residential units, providing additional income streams in a location where rental demand remains consistently strong. The property is income-producing, with recent performance reflecting approximately $120,000 in annual gross revenue, supported by a diversified tenant mix across both commercial and residential uses. A rare opportunity to acquire a well-located, income-producing mixed-use asset in the heart of downtown St. John's! *Purchase price is + HST if applicable.
Location
Province NL
Zoning CDM
Interior
Heating Baseboard, Electric
Cooling Baseboard, Electric
Exterior
Utilities Available Cable, Electrical, Municipal Water, Sewer, Telephone
Roof Type Torched-on
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