170 Water Street

This exceptional mixed-use property presents a rare opportunity in the heart of downtown St. John’s. Comprising two commercial units and two residential units across three levels, the building offers approximately 7,584 square feet of well-configured space with strong income potential and long-term value. The ground floor features prime retail frontage with excellent exposure, benefiting from consistent pedestrian and vehicle traffic in one of the city’s most established commercial corridors. The second floor is currently configured as open-concept office space, offering flexibility for a range of professional or creative uses. The upper level includes two residential units, providing additional income streams in a location where rental demand remains consistently strong. The property is income-producing, with recent performance reflecting approximately $120,000 in annual gross revenue, supported by a diversified tenant mix across both commercial and residential uses. A rare opportunity to acquire a well-located, income-producing mixed-use asset in the heart of downtown St. John’s! *Purchase price is + HST if applicable. No conveyence of offers until Monday, April 13 @ 12:00pm (noon) and left open for acceptance until 5:00pm the same day. (id:58149)