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296 Lemarchant Road St. John's, Newfoundland & Labrador A1E 1R2

2600 sqft
2 Level

$219,900

Attention investors and contractors - Great renovation potential or commercial opportunity. All three levels have framing exposed, the roof was shingled in 2023 and the property is ready to be renovated for the purchasers desired use. The property is zoned Residential Mixed (RM) permitting a number of different applications & discretionary uses such as a two-apartment home, office space, bed and breakfast, retail uses, and more, subject to approvals. Savvy investors should take note of the City's new (RM) zoning text amendments which could allow for higher density usage. Ample parking available with spaces in the front of the building and full drive-in rear access suitable for a parking lot. Property also features a small outbuilding for storage. Great opportunity for a savvy buyer in a growing part of the City's West End, just outside of the downtown area and located next to the growing Urban Market, Cove Bouldering Gym & LeMarchant business area. Please note that all measurements provided are approximate and should be independently confirmed by the purchaser. Any necessary permits, approvals, applications or associated fees will be the responsibility of the purchaser. Sale of property is HST applicable as previous use was a commercial property. Sold as is where is. (id:51189)

Property Details

MLS® Number 1279727
Property Type Single Family

Building

ArchitecturalStyle 2 Level
ConstructedDate 1950
ConstructionStyleAttachment Detached
ExteriorFinish Vinyl Siding
FoundationType Concrete
HeatingFuel Electric
SizeInterior 2600 Sqft
Type Two Apartment House
UtilityWater Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
SizeIrregular 40 X 132ft Approx.
SizeTotalText 40 X 132ft Approx.|0-4,050 Sqft
ZoningDescription Mixed

Rooms

Level Type Dimensions
Second Level Other 40 x 20
Basement Other 40 x 20
Main Level Other 40 x 25

https://www.realtor.ca/real-estate/27671689/296-lemarchant-road-st-johns

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