Property Details
Prime Mixed-Use Investment in the Heart of Downtown St. John’s. Discover 302-304 Water Street, a rare opportunity to own a versatile and income-generating property in one of the city’s most iconic and high-traffic areas. This property features two commercial units on the main level, currently occupied by Hollow Noggin Vape Shop and a restaurant, along with two residential apartments on the upper floors, offering a strong tenant mix and consistent returns. Generating an annual income of approximately $83,000, it provides both stability and long-term growth potential. With rear access to Mahon’s Lane and a direct connection to George Street, the property benefits from exceptional visibility and foot traffic year-round. Surrounded by established businesses and high-value buildings, 302-304 Water Street is an ideal investment for those looking to expand their portfolio or secure a landmark asset in one of St. John’s most desirable downtown locations. (id:66441)
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Cost To Own
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$880,000
Amortization
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Estimated Monthly Mortgage
$4,195
Cash To Close
$176,000
Estimate only — final costs depend on lender approval, taxes, insurance, and closing costs.
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Listing History
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