218 Water Street Carbonear, Newfoundland & Labrador A1Y 1C2
$599,900
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. Apartments are rented and occupied, and pictures can be provided upon request. (id:51189)
Property Details
| MLS® Number | 1297036 |
| Property Type | Other |
| EquipmentType | Other |
| RentalEquipmentType | Other |
Building
| Appliances | Refrigerator, Stove |
| ArchitecturalStyle | 2 Level |
| ConstructedDate | 1950 |
| ConstructionStyleAttachment | Detached |
| ExteriorFinish | Other, Stone, Vinyl Siding |
| FlooringType | Carpeted, Laminate, Other |
| FoundationType | Concrete |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| SizeInterior | 5866 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeIrregular | 71.5x82'or 6,038 Sqft |
| SizeTotalText | 71.5x82'or 6,038 Sqft|4,051 - 7,250 Sqft |
| ZoningDescription | Mixed |
https://www.realtor.ca/real-estate/29722140/218-water-street-carbonear
Interested?
Contact us for more information
Michael Samson
(709) 522-6350
33 Pippy Place, Suite 304
St. John's, Newfoundland & Labrador A1B 3X2
(709) 800-0412
Justin Hollett
(709) 522-6350
33 Pippy Place, Suite 304
St. John's, Newfoundland & Labrador A1B 3X2
(709) 800-0412
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May 11 2026 01:02:52
The Newfoundland & Labrador Association of REALTORS®
RE/MAX Eastern Edge Realty Ltd. - Bay Roberts, RE/MAX Eastern Edge Realty Ltd. Carbonear
