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Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 1290690
Property Sub-Type Freehold
Source Newfoundland & Labrador Association of REALTORS®
Property Description
Investor Opportunity – Mixed-Use Portfolio (3 Properties) with business number if needed. Seize this rare chance to own a diverse, income-producing portfolio of three mixed-use properties offering strong current returns and long-term growth potential. With a combination of residential units, commercial leases, and included assets, this package delivers over $10,900/month in rental income. --722 Water Street Flexible Use: 1–2 residential units or commercial space on the main with residential above Current Income: $3,200/month Zoning: Commercial/residential mix Ideal For: Owner-occupiers, live/work setups, or pure rental. --720 Water Street (Neighbouring Property) Commercial Lease: Triple Net (NNN) tenant at $4,500/month. Fully Renovated: Modernized throughout. Bonus Asset: Includes a fully equipped butcher shop with $250,000 in commercial-grade equipment (included in sale). Turnkey Investment: Stable tenant with minimal maintenance. --41 Cashin Avenue Use Options: 2 residential units or commercial on main + residential above. Current Income: $3,200/month. Additional Structure: Attached building suitable for storage only (not currently occupiable). Rental or Redevelopment Potential. ?? Portfolio Snapshot: Total Monthly Cash Flow: $10,900/month. Diversified Income: Residential + commercial leases. Zoning: Mixed-use across all properties. Bonus Value: $250K in commercial equipment (butcher shop). Prime Locations: High-traffic, visible areas ideal for tenant retention and business. Serious inquiries only. Full financials, leases, and property tours available upon request. Invest smart. Diversify with mixed-use. Grow with confidence. (id:24570)
Location
Province NL
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Ownership Freehold
Listed by eXp Realty
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