About this home

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. Apartments are rented and occupied, and pictures can be provided upon request. (id:63626)

Listed by: Frank Evely, RE/MAX Eastern Edge Realty Ltd. - Bay Roberts

Home facts and features

Price details

List Price

$599,900

Gross Taxes for 2026

$2,078

Home facts

Bedrooms

Full Bathrooms

Property Type

House

Depth

82'or 6,038 SqFt

Year Built

Built in 1950 (76 yrs old)

Title

Freehold

Style

2 Level

Exterior Finish

Stone, Vinyl siding, Other

Heating Type

Baseboard heaters, Electric

Appliances

Refrigerator, Stove

Agent details

Primary Agent

Frank Evely

Primary Broker

RE/MAX Eastern Edge Realty Ltd. - Bay Roberts

Secondary Agent

Gail Powell

Secondary Broker

RE/MAX Eastern Edge Realty Ltd. Carbonear

Listing details

Days on REW

32 Days

MLS® Number

1297036

Source

Canadian Real Estate Association

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Property Insights

Schools nearby

10 Schools are within 881km

Port Elgin Regional School

n/a
K - 8
In Catchment

École Donat-Robichaud

n/a
K - 8
In Catchment

Tantramar Regional High School

n/a
9 - 12
In Catchment

Marshview Middle School

n/a
5 - 8
In Catchment

Sackville Christian Academy

n/a
K - 12
In Catchment

Salem Elementary School

n/a
K - 4
In Catchment

Polyvalente Louis-J.-Robichaud

n/a
9 - 12
In Catchment

École Mgr-François-Bourgeois

n/a
K - 8
In Catchment

École Clément-Cormier

n/a
9 - 12
In Catchment

École Dr-Marguerite-Michaud

n/a
K - 8
In Catchment

218 Water StreetCarbonear, NL, A1Y 1C2