$599,900
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218 Water Street, Carbonear, NL A1Y1C2

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0 Beds
0 Baths
5,866 Sq Ft

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 youre 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. Apartments are rented and occupied, and pictures can be provided upon request. (id:58753)

Listing By: Frank Evely - RE/MAX Eastern Edge Realty Ltd. - Bay Roberts cncrea2 Realty.com
  • MLS® 1297036
  • Date Listed05/08/2026
  • Days on Realty 30 Days
  • Bedrooms 0
  • Bathrooms
  • Lot Size -
  • Sewer Public Sewer
  • Property Type Multi Family
  • Year Built 1950
  • Water Public
  • Square Feet 5,866 sq. ft
  • Price Per Sq. Ft $102.27

Interior Features

  • Appliances Refrigerator, Stove
  • Flooring Laminate, Carpeted, Other
  • Heating Baseboard heaters, Electric

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for A1Y1C2

Discover key demographics, population statistics, and environmental insights for the Carbonear, NL area.

Walkability in NL / A1Y1C2

Source: Walk Score

48/100

Car-Dependent

Walk Score ®

0/100

Minimal Transit

Transit Score ®

14/100

Bikable

Bike Score ®

Overview

Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 9/100, Transit Score: 0/100, Bike Score: 12/100.

Points of Interest near 218 Water Street, Carbonear, NL A1Y1C2

Frequently Asked Questions for 218 Water Street

Source: Realty.com

218 Water Street, Carbonear, NL A1Y1C2 in Carbonear, NL A1Y1C2 is a multi family listed at $599,900. Highlights include 5,866 sq. ft., built in 1950, $102 per sq. ft.. Realty.ca has 36 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 36 photos of 218 Water Street.

Our records indicate that 218 Water Street was built in 1950.

The full address for this home is 218 Water Street, Carbonear, NL A1Y1C2.

218 Water Street has been listed on Realty.com since Fri May 08, 2026

Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 9/100, Transit Score: 0/100, Bike Score: 12/100.

Listing provided courtesy of: RE/MAX Eastern Edge Realty Ltd. - Bay Roberts
Listing agent: Frank Evely

This content last refreshed on 2026-06-07 18:14:55. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.