218 Water Street Carbonear, Newfoundland & Labrador A1Y 1C2
$499,900
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. (id:28789)
Business
| Business Type | Restaurant |
| Business Sub Type | Restaurant |
Property Details
| MLS® Number | 1303985 |
| Property Type | Retail |
| Equipment Type | Other |
| Rental Equipment Type | Other |
Building
| Amenities | Living Accommodation |
| Constructed Date | 1950 |
| Flooring Type | Carpeted, Laminate, Other |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Stories Total | 2 |
| Size Interior | 5,866 Sqft |
| Type | Special Purpose |
Land
| Access Type | Year-round Access |
| Acreage | No |
| Size Irregular | 71.5x82'or 6,038 Sqft |
| Size Total Text | 71.5x82'or 6,038 Sqft|4,051 - 7,250 Sqft |
| Zoning Description | Mixed |
https://www.realtor.ca/real-estate/30363301/218-water-street-carbonear
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October 05 2026 12:42:02
Newfoundland & Labrador Association of REALTORS®
RE/MAX Eastern Edge Realty Ltd. - Bay Roberts, RE/MAX Eastern Edge Realty Ltd. Carbonear