146 Casey Street
St. John's, NL, A1C4Y1
0 Bed | 1 Bath
$324,900
About the property (MLS: 1292651):
7,000 Sq. Ft. Former Church with Endless Development Potential. Originally constructed as a church, this 7,000 sq. ft. building offers incredible character and a solid foundation for a wide range of redevelopment opportunities. Whether you envision modern condos, loft-style apartments, professional office spaces, a performance venue, or a mixed-use concept, this property provides the space and versatility to bring your vision to life. With off-street parking and ample storage space, the building combines practicality with architectural charm. Its generous footprint, open layout, and 34 foot ceilings make it ideal for adaptive reuse, offering developers, investors, and entrepreneurs the flexibility to create something truly unique. This is a rare opportunity to transform a distinctive property into an extraordinary residential, commercial, or mixed-use destination. (id:56688)
Property Details
Listing ID: 29110787
Address: 146 Casey Street, St. John's, Newfoundland & Labrador, Canada A1C4Y1
Status: Active
Last updated: 2 months ago ( Nov 17, 2025 )
Year Built: 1900
Property Type: Other
Structure Type: Other
Ownership Type: Freehold
Beds: 0
Baths: 1
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 7,090 square feet
Price per sq ft: $46
Tax Annual Amount: $3,102
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 19
Rurl
Coordinates: [47.55902, -52.71862]
Rooms
Basic Calculator
First Mortgage: $259,920
Mortgage insurance premium: $0
Total Financing: $259,920
Rough closing fee (1.5%): ~ $4,874
Total downpayment with estimated closing fee: $69,854
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $7,800 | $93,600 |
| Gross rental income (income/principal ratio) | 2.401% | 28.809% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $407 | $4,884 |
| Vacancy | $390 | $4,680 |
| Management Fee | $624 | $7,488 |
| Expense / Income Ratio | 5.22% | 5.22% |
| Cash Flow | $6,379 | $76,548 |
| Net Operating Income (NOI) | $6,379 | $76,548 |
| Capitalization Rate | 1.96% | 23.56% |
