211 Lemarchant Road, St John S
A rare opportunity to acquire an established, income-producing commercial property in a highly visible and convenient location along Lemarchant Road near downtown St. John’s! Offering approximately 12,000 sq. ft. of total building area, this property features an established tenant base, existing contractual income, and future leasing potential. All office spaces are currently subject to rental income or existing lease commitments, with upcoming leasing opportunities providing potential for future income growth. The property includes approximately 2,500 sq. ft. of main-floor commercial space becoming available for future leasing, plus bonus basement space, offering an opportunity for an incoming tenant or owner to establish a presence in this convenient location. With no interior load-bearing walls, the building offers significant flexibility for reconfiguration to accommodate a variety of future tenant or purchaser requirements. Recent improvements include a new roof in 2025, top-floor windows in 2022, exterior cosmetic upgrades in 2021, and parking lot repaving in 2019. In 2026, a portion of the second-floor ceiling was also replaced and insulated. Combining existing rental income, recent capital improvements, flexible interior space, and potential for future leasing and income growth, 211 Lemarchant Road presents a compelling opportunity for investors and owner-occupiers alike in the heart of St. John’s! (id:1945)
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Property details for 211 Lemarchant Road, St John S
- Type
- Commercial
- Living Area
- 12,000 square feet
- Lot Size
- 14944.27 SQ/FT
- Stories
- 2
- Heating
- Baseboard heaters, Electric
- Ownership
- Freehold
- Annual Taxes
- $19,405
Nearby Listings Stat
Estimated price and comparable properties near 211 Lemarchant Road
Active Listings
154
Min Price
$2,000
Max Price
$2,000,000
Avg Price
$472,526
Days on Market
56
days
Sold Listings
94
Min Sold Price
$14
Max Sold Price
$1,249,000
Avg Sold Price
$387,693
Days until Sold
43
days
Neighbourhood Census Data
St. John's, Newfoundland and Labrador / Terre-Neuve-et-Labrador
Population
346
Median Age
46.3
Median Income
$25,216
Dwelling Value
$244,821
Housing Tenure
Owners 68%
Renters 35%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.8
Pop. Density: 1,547.4/km²
Avg Shelter Cost: $1,103/mo
Owners with Mortgage: 76%
Owners Spending 30%+: 16%
Tenants Spending 30%+: 0%
English only: 91.3%
English and French: 7.2%
Median Household Income: $42,368
Median Employment Income: $32,896
Price History
Listed
October 14, 2026
by Krown Property Investments Inc.
Current Price
$1,290,000
Type
Commercial
For Sale
