1/9586 Water Street, St John's
586 Water Street, St John's, Newfoundland & Labrador A1E1B8
$499,900 total
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Asset Class
Specialty
Size
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Building class
C
Zoning
US — Urban Services
$ / SF
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Occupancy
93%
About this property
Attention investors and business owners, a rear opportunity on Water Street west, a main floor 650 square foot commercial suite with a 2 story, 3 bedroom residential unit above. The commercial unit is ideal for retail or a professional office. The property is in great condition with major appliances included and a private and secluded rear yard with storage shed. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$33K
Annual cash flow
$5K
Cash-on-cash
3.44%
DSCR
1.19
Going-in cap
6.57%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
75,759
Households
32,193
Median income
$69,000
Median age
38.6
Daytime population
107,288
5-yr growth
5.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 586 Water Street, St John's.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.