202 Water Street
St. John's, NL, A1C1A9
$699,000
About the property (MLS: 1291083):
Exceptional Investment on Historic Water Street in Downtown St. John’s. This is a rare opportunity to own a fully leased mixed-use property in one of the city’s most desirable locations. Situated at 202 Water Street, the building features two commercial storefronts on the main and second floors, along with a residential apartment on the third floor, offering a strong tenant mix and dependable income. Generating an annual income of approximately $67,000, this property provides both consistent cash flow and long-term value. Located along the designated Pedestrian Mall, it benefits from some of the highest foot traffic during the summer months, making it an ideal spot for retail or service-based businesses. With its classic brick façade, excellent street visibility, and prime downtown setting, this property is perfect for investors looking to expand their portfolio or buyers seeking a signature commercial space in one of St. John’s most vibrant areas. (id:56688)
Property Details
Listing ID: 28955793
Address: 202 Water Street, St. John's, Newfoundland & Labrador, Canada A1C1A9
Status: Active
Last updated: a month ago ( Oct 6, 2025 )
Property Type: Retail
Structure Type: Retail
Ownership Type: Freehold
Heating: Electric
Tax Annual Amount: $4,770
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Heating: Electric
Common Interest: Freehold
Business Type: Food Services and Beverage, Other, Retail and Wholesale, Service
Number of photos available: 1
Rurl
Coordinates: [47.564323, -52.707178]
Rooms
Basic Calculator
First Mortgage: $559,200
Mortgage insurance premium: $0
Total Financing: $559,200
Rough closing fee (1.5%): ~ $10,485
Total downpayment with estimated closing fee: $150,285
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% |
