Property Address: 722 Water St, Saint Johns, NL, A1E1C2
Average square foot calculated using Size range provided by listing agent.
Description
Investor Opportunity – Mixed-Use Portfolio (2 adjoining Properties) with business number if needed. Seize this rare chance to own a diverse, income-producing portfolio of 2 mixed-use properties offering strong current returns and long-term growth potential. With a combination of residential units, commercial leases, and included assets, this package delivers over $7700/month in rental income. --722 Water Street Flexible Use: 1–2 residential units or commercial space on the main with residential above Current Income: $3, 200/month Zoning: Commercial/residential mix Ideal For: Owner-occupiers, live/work setups, or pure rental. --720 Water Street (Neighbouring Property) Commercial Lease: Triple Net (NNN) tenant at $4, 500/month. Fully Renovated: Modernized throughout. Bonus Asset: Includes a fully equipped butcher shop with $250, 000 in commercial-grade equipment (included in sale). Turnkey Investment: Stable tenant with minimal maintenance. (id:58753)Show Description