302-304 Water Street, St John S

Prime Mixed-Use Investment in the Heart of Downtown St. John’s. Discover 302-304 Water Street, a rare opportunity to own a versatile and income-generating property in one of the city’s most iconic and high-traffic areas. This property features two commercial units on the main level, currently occupied by Hollow Noggin Vape Shop and a restaurant, along with two residential apartments on the upper floors, offering a strong tenant mix and consistent returns. Generating an annual income of approximately $83,000, it provides both stability and long-term growth potential. With rear access to Mahon’s Lane and a direct connection to George Street, the property benefits from exceptional visibility and foot traffic year-round. Surrounded by established businesses and high-value buildings, 302-304 Water Street is an ideal investment for those looking to expand their portfolio or secure a landmark asset in one of St. John’s most desirable downtown locations. (id:1945)