For saleRetail

218 Water Street

218 Water Street, Carbonear, Newfoundland & Labrador

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  • Interior5,866 square feet
  • UpdatedOct 5, 2026
  • Price$499,900

The home

About this property

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:67824)

Property information

Details & features

Interior & layout

Living area
5,866 square feet
Stories
2
Fireplace
No
Interior features
Living Accommodation
Flooring
Laminate, Carpeted, Other

Property & lot

Property type
Retail
Ownership
Freehold
Structure
Special Purpose
Year built
1,950
Lot dimensions
71.5x82'or 6,038 SqFt
Zoning description
Mixed

Systems & utilities

Heating
Baseboard heaters, Electric
Roof
Asphalt shingle, Unknown

Taxes & fees

Annual property tax
$2,078
Tax year
2,026

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218 Water Street, Carbonear, Newfoundland & Labrador

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