For sale · MLS® 1304883
260-268 Water Street
St. John's, NL, A1E1B7
List price
$1,300,000
About this propertyMLS® 1304883
Welcome to 260–268 Water Street, a prime commercial investment opportunity in the heart of downtown St. John's. This well located mixed use building features a fully operating restaurant on the main floor, The Estee Cafe, known for its strong local presence and steady foot traffic. The second floor is home to The Bamboo Room, a popular bar that adds to the building’s vibrant appeal and consistent revenue potential. Positioned along one of the city’s busiest and most recognized streets, this property benefits from excellent visibility, high pedestrian traffic, and proximity to shops, offices, and tourist attractions. Whether you are looking to expand your portfolio or own a standout property in a sought after downtown location, this building offers both immediate income and long term upside. (id:56688)
Property details
Coordinates: [47.562658, -52.708737]
Rooms
Basic Calculator
First Mortgage: $1,040,000
Mortgage insurance premium: $0
Total Financing: $1,040,000
Rough closing fee (1.5%): ~ $19,500
Total downpayment with estimated closing fee: $279,500
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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