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$599,900

218 Water Street — Carbonear, Newfoundland & Labrador

A1Y1C2

0Beds

5,866Sq Ft

1950Built

About This Property

Located in the heart of Carbonear, this exceptional mixed-use property offers a rare investment opportunity with 5 apartment units generating approximately $49,500 annual rental income. The commercial main floor has operated successfully as a restaurant for decades and comes fully equipped with most restaurant equipment and apartment appliances included in the sale. 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. The sale includes the building, property, and contents only not the business or business name. A full list of included items is available upon request. (id:63357)

Property Location

Map

Property Details

Property Type: Detached
Bedrooms: 0
Living Area: 5,866 sqft
Year Built: 1950
Status: Active

Location & Neighborhood

What's nearby 218 Water Street

Nearby Schools

College of the North Atlantic
post_secondary
0.5 km

Local Amenities

Coffee & Cafes

Studio Coffee89m

Grocery

Powell's Supermarket0.3 km

POI data updated 5/8/2026

Carbonear Market Snapshot

Active Listings

$189K

Median Price

—

Avg Days on Market

Last updated: May 8, 2026

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Listed by

RE/MAX Eastern Edge Realty Ltd. - Bay Roberts

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$599,900