$699,000
Prime Investment Opportunity on Iconic Water Street – Downtown St. John’s Opportunity knocks in one of the most coveted and high-traffic locations in the heart of Downtown St. John’s! Welcome to 202 Water Street—a fully rented, mixed-use property generating $5,600/month in steady rental income. This turnkey investment offers immediate cash flow and long-term value in the city’s bustling commercial core. Strategically positioned on the designated Pedestrian Mall strip, this property enjoys peak foot traffic from June through September, making it an ideal spot for retail and service-based businesses. The historic brick façade and prime storefront visibility add to its enduring appeal and charm. Whether you're looking to grow your real estate portfolio, secure a prime commercial location, or invest in one of St. John’s most vibrant districts, this is a rare opportunity that checks all the boxes. Don’t miss your chance to own a standout property in one of the city’s most dynamic and desirable neighborhoods. (id:28789)
Business
Business Type | Food Services and Beverage, Other, Retail and Wholesale, Retail and Wholesale, Service |
Business Sub Type | Bakery, General commercial, Florist/Gifts, Specialty retail, Miscellaneous services |
Property Details
MLS® Number | 1287070 |
Property Type | Retail |
Building
Heating Fuel | Electric |
Type | Retail |
Land
Acreage | No |
Size Total Text | 0-4,050 Sqft |
Zoning Description | Comm |
https://www.realtor.ca/real-estate/28526049/202-water-street-st-johns