218 Water Street, Carbonear, Newfoundland & Labrador

$599,900

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5,866

Square feet

About 218 Water Street

Located in the heart of Carbonear, this exceptional mixed-use property offers a rare investment opportunity with 5 apartment units generating approximately $49,500 annual rental income. The commercial main floor has operated successfully as a restaurant for decades and comes fully equipped with most restaurant equipment and apartment appliances included in the sale. 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. (id:36535)

Features of 218 Water Street

Listing # 1297036
Price $599,900
Bathrooms 0.00
Square Footage 5,866
Acres 0.00
Year Built 1950
Type Other
Sub-Type Freehold
Style 2 Level

Community Information

Address 218 Water Street
City Carbonear
Province Newfoundland & Labrador
Postal Code A1Y1C2

Amenities

Is Waterfront No
Has Pool No

Interior

Appliances Refrigerator, Stove
Heating Electric Baseboard heaters
Fireplace No
Has Basement No

Exterior

Exterior Other, Stone, Vinyl siding
Lot Description 71.5x82'or 6,038 SqFt|4,051 - 7,250 sqft
Roof Material Asphalt shingle
Roof Style Unknown
Foundation Concrete

Listing Details

OfficeCourtesy Of RE/MAX Eastern Edge Realty Ltd. - Bay Roberts

Listing Map