ActiveFor Sale

218 Water Street
Carbonear, Newfoundland & Labrador, A1Y1C2

Special Purpose
CREA
MLS® Number: 1303985
$499,900List Price
Special PurposeProperty Type
5,866 sq ftSize
$2,078 (2026)Taxes
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Description

Located in the heart of Carbonear, this exceptional mixed-use property offers a rare investment opportunity with the commercial main floor has operated successfully as a restaurant for decades and comes fully equipped with most restaurant equipment and the 5 apartment units generating approximately $49,500 annual rental income. 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. A full list of included items is available upon request. Apartments are rented and occupied, and pictures can be provided upon request. (id:66360)

Features

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Amenities

Living Accommodation

Summary

List Price:$499,900
MLS® Number:1303985
CREA Listing Key:30363301
Type:Special Purpose
Building Age:Built 1950
Size:5,866 sq ft
Taxes:$2,078 (2026)
Listing Brokerage:RE/MAX Eastern Edge Realty Ltd. - Bay Roberts

Rooms

No room information available

Details

Property

Property Type:Special Purpose
Business Type:Restaurant
Municipality:Carbonear

Building

Size:5,866 sq ft
Building Age:Built 1950

Utilities

Heating:Baseboard heaters, Electric

Land

Lot Size:71.5x82'or 6,038 SqFt
Zoning:Mixed

$499,900

List price