Buying or Selling your House in Western Newfoundland and Labrador

218 Water Street NEW

Carbonear, Newfoundland & Labrador

$599,900

Quick Summary

Location
Carbonear, Newfoundland & Labrador
Price
$599,900
Building Type
Multi-Family
Property Type
Other
Status
For sale
Area
5866 sqft
Beds
0
Baths
n/a
Age
n/a
Postal Code
A1Y 1C2
MLS®
1297036
Courtesy Of
RE/MAX Eastern Edge Realty Ltd. - Bay Roberts
Database ID:66336 DDF Feed ID: 29722140 Latitude: 47.738825 Longitude: -53.22718

Property Description

Located in the heart of Carbonear, this exceptional mixed-use property offers a rare investment opportunity with 5 apartment units generating approximately $49,500 annual rental income. The commercial main floor has operated successfully as a restaurant for decades and comes fully equipped with most restaurant equipment and apartment appliances included in the sale. Whether you’re looking to expand your business, open your own restaurant, or add a strong income-producing property to your portfolio, the possibilities here are endless. The sale includes the building, property, and contents only not the business or business name. A full list of included items is available upon request. (id:47053)

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Building Information

  • Building Type: Multi-Family
  • Area: 5866 sqft
  • Baseboard heaters
  • Electric Heat
  • Other, Stone, Vinyl siding
  • Flooring: Carpeted, Laminate, Other
  • Concrete foundation
  • Municipal water

Full Details

MLS® Number:1297036
Equipment Type:Other
Ownership Type:Freehold
Price:$599,900
Property Type:Other
Rental Equipment TypeOther
Transaction Type:For Sale
Zoning Description:Mixed
More Information Link: https://www.realtor.ca/real-estate/29722140/218-water-street-carbonear

Size Total Text:71.5x82'or 6,038 SqFt|4,051 - 7,250 sqft
Sewer:Municipal sewage system
Size Irregular:71.5x82'or 6,038 SqFt

Bedrooms Above Ground:0
Bedrooms Below Ground:0
Bedrooms Total:0
Appliances:Refrigerator, Stove
Architectural Style:2 Level
Constructed Date:1950
Exterior Finish:Other, Stone, Vinyl siding
Flooring Type:Carpeted, Laminate, Other
Foundation Type:Concrete
Heating Fuel:Electric
Heating Type:Baseboard heaters
Size Interior:5866 sqft
Type:Multi-Family
Utility Water:Municipal water
Listing information last updated on 2026-05-08 12:52:43 -0230
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