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Listed by RE/MAX Infinity Realty Inc. - Sheraton Hotel
$1,074,900
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 $141
MLS Listing ID 1300713
Annual Tax Amount $17,025
Source NLAR
Property Description
An exceptional investment opportunity in the heart of downtown St. John's, this impressive mixed-use property combines a prime location with outstanding income potential and long-term value. Encompassing approximately 7,584 square feet across three levels, the building features two commercial units and two residential units, creating a well-balanced and diversified investment. The ground floor offers prime retail frontage with outstanding visibility along one of the city's most established commercial corridors, benefiting from consistent pedestrian and vehicle traffic. The second level is configured as bright, open-concept office space, ideally suited for a variety of professional or creative businesses. The upper level features two well-appointed residential units, currently operating as successful Airbnb accommodations that enjoy exceptionally strong occupancy, providing an attractive supplemental revenue stream. Whether you're looking to expand your investment portfolio or secure a landmark property in one of St. John's most sought-after downtown locations, this is a rare opportunity to acquire a versatile, income-producing asset with excellent future potential. Offered below appraised value. Purchase price is + HST, if applicable.
Location
Province NL
Zoning CDM
Interior
Heating Baseboard, Electric
Cooling Baseboard, Electric
Exterior
Roof Type Torched-on
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