218 Water Street, Carbonear, NL A1Y 1C2
218 Water Street, Carbonear, NL A1Y 1C2
218 Water Street, Carbonear, NL A1Y 1C2
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
$ 599,900
Est. payment | /mo

5,866 SqFt


$ 599,900
Est. payment | /mo

5,866 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,866 sqft

Price per Sqft $102

MLS Listing ID 1297036

Style Detached,2 Storey

Year Built 1950

Annual Tax Amount $2,078

Tax Year 2026

Lot Dimensions 71.5x82'or 6,038 SqFt

Property Sub-Type Multi Family

Source NLAR

Property Description

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. The sale includes the building, property, and contents only not the business or business name. 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

Heating Baseboard, Electric

Cooling Baseboard, Electric

Equipment Other

Exterior

Exterior Feature Clapboard, Stone, Vinyl

Roof Type Shingle - Asphalt

Building

Story 2

Foundation Concrete

Sewer Municipal

Water Municipal

Others

Virtual Tour https://www.youtube.com/embed/SfnfYibvIsE

Nearby Locations

Dave Noseworthy

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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218 Water Street