210 Pennywell Road
St. John's, NL, A1C2L6
$429,900
About the property (MLS: 1289664):
An excellent opportunity for investors or entrepreneurs looking to revitalize a well-located property with strong potential. Operated as a fully equipped Asian restaurant offering dine-in and take-out, this property offers a solid foundation for a variety of business ventures. The main floor features approximately 1,800 sq.ft. with a dining area, commercial kitchen, two washrooms, and basement storage. Upstairs, a residential unit includes 6 bedrooms, a kitchen, laundry area, full bathroom, and common living space—ideal for staff housing, rental income or other possibilities. With some vision and updates, this property could once again become a thriving business hub. Located next to the former Bishops Gardens Seniors Living, in a high-visibility area, this is a rare chance to acquire a multi-use building with strong upside at a great value. (id:56688)
Property Details
Listing ID: 28773527
Address: 210 Pennywell Road, St. John's, Newfoundland & Labrador, Canada A1C2L6
Status: Active
Last updated: 3 months ago ( Aug 25, 2025 )
Property Type: Business
Structure Type: Other
Ownership Type: Freehold
Heating: Oil, Electric
Flooring: Mixed Flooring
Tax Annual Amount: $5,180
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Heating: Oil, Electric
Flooring: Mixed Flooring
Common Interest: Freehold
Business Type: Other, Restaurant
Building Features: Living Accommodation
Number of photos available: 5
Rurl
Coordinates: [47.560037, -52.726405]
Rooms
Basic Calculator
First Mortgage: $343,920
Mortgage insurance premium: $0
Total Financing: $343,920
Rough closing fee (1.5%): ~ $6,449
Total downpayment with estimated closing fee: $92,429
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | NaN% | NaN% |
| Cash Flow | $0 | $0 |
| Net Operating Income (NOI) | $0 | $0 |
| Capitalization Rate | 0.00% | 0.00% |
