3 Blackmarsh Road St. John's, Newfoundland & Labrador A1E 1S2

3 Bedroom 1 Bathroom 3,400 ft2
Mini-Split

$649,500

Prime mixed-use property offering immediate cash flow and future upside. the upper level features a spacious 3 bedroom apartment, while approximately 2,000 sq ft of additional upper-level space presents an excellent opportunity for further development, expansion, or the creation of additional rental units (subject to city approval) The main floor is currently leased to a commercial tenant with 3 years remaining on the lease, providing stable and predictable income from day one. Ideal for investors, developers, or business owners seeking a high-visibility property with multiple revenue streams and significant value-add potential. A rare opportunity to acquire a property that combines secure commercial tenancy with residential development possibilities. (id:18358)

Property Details

MLS® Number 1298882
Property Type Multi-family
Amenities Near By Highway
Equipment Type None
Rental Equipment Type None

Building

Bathroom Total 1
Bedrooms Total 3
Constructed Date 1975
Construction Style Attachment Detached
Exterior Finish Brick
Flooring Type Mixed Flooring
Foundation Type Concrete
Heating Fuel Electric
Heating Type Mini-split
Size Interior 3,400 Ft2
Type Other
Utility Water Municipal Water

Land

Acreage No
Land Amenities Highway
Sewer Municipal Sewage System
Size Irregular 50ft X 100ft
Size Total Text 50ft X 100ft|0-4,050 Sqft
Zoning Description R2

Rooms

Level Type Dimensions

https://www.realtor.ca/real-estate/29911129/3-blackmarsh-road-st-johns

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