
MLS #1296573 · St. John's
Unit 008 - 1 Paton Street
- Type
- Office
- Agent
- Gene Lye
- Brokerage
- Keller Williams Platinum Realty
Property Details
This exceptional 5,483 sq. ft. three-storey property sits on a generous 12,154 sq. ft. corner lot in a highly sought-after west-end location. Zoned R3, it offers excellent potential for redevelopment or residential conversion with versatile use options including a spa or wellness centre, professional offices such as a law firm, or conversion to a residential home or multi-unit residential building. Formerly used for medical practices, the building includes kitchenettes, washrooms, and multiple office spaces across the main and second floors. The third floor features additional offices, a bathroom, and an impressive skylight open to the level below, allowing natural light to flow throughout. The 1,216 sq. ft. basement provides ample storage with convenient exterior access. Additional features include a 400-amp electrical service with four separate meters and on-site parking for up to 10 vehicles at the front. A rare opportunity for investors or developers seeking a flexible property with strong future potential in a prime west-end location. This property is being sold ""AS IS WHERE IS"". (id:66441)
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Cost To Own
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$449,900
Amortization
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Estimated Monthly Mortgage
$2,145
Cash To Close
$89,980
Estimate only — final costs depend on lender approval, taxes, insurance, and closing costs.
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