An exceptional investment opportunity in the heart of downtown St. John’s, this impressive mixed-use property combines a prime location with outstanding income potential and long-term value. Encompassing approximately 7,584 square feet across three levels, the building features two commercial units and two residential units, creating a well-balanced and diversified investment. The ground floor offers prime retail frontage with outstanding visibility along one of the city's most established commercial corridors, benefiting from consistent pedestrian and vehicle traffic. The second level is configured as bright, open-concept office space, ideally suited for a variety of professional or creative businesses. The upper level features two well-appointed residential units, currently operating as successful Airbnb accommodations that enjoy exceptionally strong occupancy, providing an attractive supplemental revenue stream. Whether you're looking to expand your investment portfolio or secure a landmark property in one of St. John's most sought-after downtown locations, this is a rare opportunity to acquire a versatile, income-producing asset with excellent future potential. Offered below appraised value. Purchase price is + HST, if applicable. (id:2493)More details
Listed by RE/MAX Infinity Realty Inc. - Sheraton Hotel
Well-maintained ~5650 square foot commercial building located in the heart of the Goulds, offering excellent accessibility with close proximity to highway access, main amenities, and scenic walking trails. Currently zoned Institutional, this versatile property presents a fantastic opportunity for a variety of uses including a personal care home (currently configured as such), medical clinic, child care centre, and more. Situated on a nearly 1-acre lot and licensed for 19 beds, the property is serviced by municipal water and sewer. Additionally, the building features an unfinished basement (~1,800 sq. ft.) offering ample storage space or potential for future development. A rare opportunity to own a move-in ready institutional facility in a growing and accessible community. (id:2493)More details
Listed by RE/MAX Infinity Realty Inc. - Sheraton Hotel
For Sale at $399,900 or for lease at $5500 POU. Ideal owner-operator restaurant opportunity in the center of St. John's. Operating as the well-known New City Restaurant, this high-visibility property successfully served the community for more than 25 years and offers outstanding potential for a wide range of future uses. Ideally located just moments from downtown, Ropewalk Lane, Memorial University, the Avalon Mall, major amenities, and key transportation routes, this property combines convenience, exposure, and long-term upside in one strategic location. The longstanding restaurant operation may support future discretionary commercial use opportunities subject to City approvals, while the existing layout and history provide an excellent foundation for a purchaser looking to bring new life and vision to the space. Currently zoned R2, the property also presents significant redevelopment and residential intensification potential. The building includes a spacious 6-bedroom apartment, creating additional income potential for investors or flexibility for owner occupancy, staff accommodations, or future redevelopment concepts. Whether you're an entrepreneur, investor, restaurateur, or developer, this property offers exceptional value and upside potential in a rapidly evolving area of the city. The property is being offered in its current condition and presents an excellent opportunity for purchasers looking to renovate, reposition, or customize the property to suit their vision. Rarely do opportunities with this combination of location, history, zoning flexibility, and future potential become available. Note - basement not included in total square footage. Please see the 3d tour. (id:2493)More details
Listed by RE/MAX Infinity Realty Inc. - Sheraton Hotel
Unique Opportunity! High exposure, 3 level plus full basement, commercial building is optimally located on the corner of Duckworth and Prescott Street in a convenient, high traffic area, downtown St. John’s! Main level is currently vacant with two washrooms, Second level has office space including reception area, two private offices, washroom and storage. Top level is vacant with four offices, kitchenette, board room and washroom. Basement is utilized for general storage and also includes a walk in vault. Ready for immediate occupancy! *Any HST applicable is the responsibility of the purchaser. (id:2493)More details
Listed by RE/MAX Infinity Realty Inc. - Sheraton Hotel and RE/MAX Realty Specialists
For Sale at $399,900 or for lease at $5500 POU. Ideal owner-operator restaurant opportunity in the center of St. John's. Operating as the well-known New City Restaurant, this high-visibility property successfully served the community for more than 25 years and offers outstanding potential for a wide range of future uses. Ideally located just moments from downtown, Ropewalk Lane, Memorial University, the Avalon Mall, major amenities, and key transportation routes, this property combines convenience, exposure, and long-term upside in one strategic location. The longstanding restaurant operation may support future discretionary commercial use opportunities subject to City approvals, while the existing layout and history provide an excellent foundation for a purchaser looking to bring new life and vision to the space. Currently zoned R2, the property also presents significant redevelopment and residential intensification potential. The building includes a spacious 6-bedroom apartment, creating additional income potential for investors or flexibility for owner occupancy, staff accommodations, or future redevelopment concepts. Whether you're an entrepreneur, investor, restaurateur, or developer, this property offers exceptional value and upside potential in a rapidly evolving area of the city. The property is being offered in its current condition and presents an excellent opportunity for purchasers looking to renovate, reposition, or customize the property to suit their vision. Rarely do opportunities with this combination of location, history, zoning flexibility, and future potential become available. Note - basement not included in total square footage. Please see the 3d tour. (id:2493)More details
Listed by RE/MAX Infinity Realty Inc. - Sheraton Hotel
Data was last updated November 2, 2026 at 01:45 PM (UTC)
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