For sale · MLS® 1304894
720 Water Street
St. John's, NL, A1E1C2
List price
$795,000
About this propertyMLS® 1304894
Situated in the West End of downtown, this commercial property has just completed a comprehensive renovation, showcasing exceptional craftsmanship and attention to detail throughout. The building offers two distinct units, each capable of operating independently or functioning together for a multi-service business model. The lower level is fully fit up for a butcher shop, complete with specialized equipment and a custom dry-ageran exceptional value add for operators in the culinary or food-production space. The main commercial kitchen equipment included in the sale further enhances the propertys appeal. In a market where turnkey kitchens and purpose-built food facilities are increasingly rare, this building stands out as a unique opportunity for restaurateurs, caterers, butchers, or investors seeking a ready-to-go operation. (id:56688)
Property details
Coordinates: [47.5488, -52.720055]
Rooms
Basic Calculator
First Mortgage: $636,000
Mortgage insurance premium: $0
Total Financing: $636,000
Rough closing fee (1.5%): ~ $11,925
Total downpayment with estimated closing fee: $170,925
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% |
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