Property Description for 170 Water Street
An exceptional investment opportunity in the heart of downtown St. John’s, this impressive mixed-use property combines a prime location with outstanding income potential and long-term value. Encompassing approximately 7,584 square feet across three levels, the building features two commercial units and two residential units, creating a well-balanced and diversified investment. The ground floor offers prime retail frontage with outstanding visibility along one of the city's most established commercial corridors, benefiting from consistent pedestrian and vehicle traffic. The second level is configured as bright, open-concept office space, ideally suited for a variety of professional or creative businesses. The upper level features two well-appointed residential units, currently operating as successful Airbnb accommodations that enjoy exceptionally strong occupancy, providing an attractive supplemental revenue stream. Whether you're looking to expand your investment portfolio or secure a landmark property in one of St. John's most sought-after downtown locations, this is a rare opportunity to acquire a versatile, income-producing asset with excellent future potential. Offered below appraised value. Purchase price is + HST, if applicable. (id:38686)
Tour this property
Property Details
Property Tax
: $17,025MLS® #
: 1300713
Property Features
Property Type
: CommercialSquare Footage
: 7,584 SQFT
Interior Features
Heating
: Baseboard heaters, ElectricFlooring
: Mixed Flooring
Similar Properties in St. John's
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy. The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, 'screen scraping', 'database scraping', and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website. This listing content is operated by REALTOR® members of The Canadian Real Estate Association. REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
