
MLS #1298036 · St. John's
6 LeMarchant Road
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MLS #1294623Listed March 2, 2026 · 204 days on market
St. John's
$255,900
Jesse Gibbons
Hanlon Realty
Welcome to 1 Pennywell Road! A listing which offers an investor the opportunity to embark on various business possibilities. This unique commercial listing is centrally Located in a prime area, with easy access to the downtown core and the rest of the city. It's perfectly situated to house almost any form of business venture. This great property presents an outstanding opportunity to own a versatile space that offers potential for both retail and warehouse spaces, or potential conversion into residential living for 3 sizable units (pending city approval), with separate entrances, and off street parking. Currently offering approximately 775 sqft of store frontage, 1103 sqft of office space, and over 1387 sqft of warehouse & storage space with off street parking and a designated loading zone, this versatile 4-level building is truly is a diamond in the rough, for any business looking to establish themselves as a focal point in the center of the city. The main entrance opens into a storefront set-up on the main floor, with a lunch room and bathroom. Upstairs you'll find ten foot ceilings, with four established offices and a large boardroom. Downstairs you'll find a mix between wide-open warehouse space, and storage/cold storage. This property is tailor made for any storefront with a requirement for office space with storage, or could be converted into multiple residential units. This property is vacant and available for a quick closing. (id:66441)
Cost To Own
Homes in a hot market often sell over asking. Model your winning bid, then adjust the financing to see the real cash to close and monthly carrying cost — including default insurance when you put down under 20%.
$255,900
Amortization
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Estimated Monthly Mortgage
$1,220
Cash To Close
$51,180
Estimate only — final costs depend on lender approval, taxes, insurance, and closing costs.
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Elementary Schools
St. Bonaventure's College
PrivateBishop Abraham Elementary
PublicBishop Feild Elementary
PublicSecondary Schools
St. Bonaventure's College
PrivateHoly Heart of Mary Regional High
PublicBrother Rice Junior High
PublicStraight-line distance from this property. Proximity does not determine enrolment — confirm catchment areas with the Newfoundland and Labrador English School District. School list and grade levels from Statistics Canada's Open Database of Educational Facilities; some locations from OpenStreetMap contributors.
Straight-line distance from this property. Healthcare locations from Statistics Canada's Open Database of Healthcare Facilities; shops, pharmacies and filling stations from OpenStreetMap contributors.