Address
720 Water Street, St John's, NL
Price
$ 755,000
Property Attributes
  • ID#1301270
  • TypeCommercial
  • Listing Status Active
  • MunicipalitySt John's
  • CitySt John's
  • AreaSt John's
  • Postal CodeA1E 1C2
  • Style
  • Price$ 755,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
Property Description

Situated in the West End of downtown, this commercial property has just completed a comprehensive renovation, showcasing exceptional craftsmanship and attention to detail throughout. The building offers two distinct units, each capable of operating independently or functioning together for a multi-service business model. The lower level is fully fit up for a butcher shop, complete with specialized equipment and a custom dry-ager—an exceptional value add for operators in the culinary or food-production space. The main commercial kitchen equipment included in the sale further enhances the property’s appeal. In a market where turnkey kitchens and purpose-built food facilities are increasingly rare, this building stands out as a unique opportunity for restaurateurs, caterers, butchers, or investors seeking a ready-to-go operation. A Triple Net Lease is currently in place, with the tenant paying $4,500 monthly plus taxes. Contact your realtor today to arrange a viewing. (id:7434)

General Features

Property Type Retail
Zoning Description commercial
Business Type Accommodation, Food Services and Beverage, Food Services and Beverage, Restaurant, Retail and Wholesale
Business Sub Type Bed & Breakfast, Bakery, Butcher shop, Restaurant, Specialty retail
Building Type Special Purpose
Ownership Type Freehold

Interior Features

Building Fireplace Present False
Building Heating Type Baseboard heaters, Heat Pump

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in A1E 1C2

Price
AVG $760K
$760K