218 Water Street, Carbonear, NL A1Y 1C2
218 Water Street, Carbonear, NL A1Y 1C2
218 Water Street, Carbonear, NL A1Y 1C2
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Listed by RE/MAX Eastern Edge Realty Ltd. - Bay Roberts
$499,900
Est. payment /mo
5,866 SqFt

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,866 sqft

Price per Sqft $85

MLS Listing ID 1303985

Year Built 1950

Annual Tax Amount $2,078

Tax Year 2026

Lot Dimensions 71.5x82'or 6,038 SqFt

Source NLAR

Property Description

Located in the heart of Carbonear, this exceptional mixed-use property offers a rare investment opportunity with the commercial main floor has operated successfully as a restaurant for decades and comes fully equipped with most restaurant equipment and the 5 apartment units generating approximately $49,500 annual rental income.
Whether you're looking to expand your business, open your own restaurant, or add a strong income-producing property to your portfolio, the possibilities here are endless. A full list of included items is available upon request. Apartments are rented and occupied, and pictures can be provided upon request.

Location

Province NL

Zoning Mixed

Interior

Interior Features Living Accommodations

Heating Baseboard, Electric

Cooling Baseboard, Electric

Equipment Other

Exterior

Utilities Available Cable, Electrical, Municipal Water, Sewer, Telephone

Roof Type Shingle - Asphalt

Others

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Allison Best

Allison Best

+1(709) 690-2310

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