Prime mixed-use property offering immediate cash flow and future upside. the upper level features a spacious 3 bedroom apartment, while approximately 2,000 sq ft of additional upper-level space presents an excellent opportunity for further development, expansion, or the creation of additional rental units (subject to city approval) The main floor is currently leased to a commercial tenant with 3 years remaining on the lease, providing stable and predictable income from day one. Ideal for investors, developers, or business owners seeking a high-visibility property with multiple revenue streams and significant value-add potential. A rare opportunity to acquire a property that combines secure commercial tenancy with residential development possibilities. (id:13843)
| MLS # | 1298882 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1975 |
| Days On Site | 129 |
| Listing Provided By | HomeLife Experts Realty Inc. | Chad Hoyles |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 3,400 |
| Zoning | R2 |
| Heating | Electric, Mini-Split |
|---|---|
| Fireplace Yes / No | No |
| Roof | Torch on Roof, Unknown |
|---|---|
| Foundation Details | Concrete |
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 8473 |
|---|---|
| Tax Year | 2026 |
| Province | NL |
|---|---|
| City | St. John's |
| Postal Code | A1E1S2 |
| Listing VS Median (in A1E1S2) | |
Price: $649,500 low | high Med: $649,500 sqft: 3,400 low | high Med: 3,400 $ / sqft: $191 low | high Med: $191 On site: 129 low | high Med: 129 | |
| Province | NL |
|---|---|
| City | St. John's |
| Postal Code | A1E1S2 |
| Listing VS Median (in A1E1S2) | |
Price: $649,500 low | high Med: $649,500 sqft: 3,400 low | high Med: 3,400 $ / sqft: $191 low | high Med: $191 On site: 129 low | high Med: 129 | |