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

$649,500

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3

Beds

1

Bath

3,400

Square feet

About 3 Blackmarsh Road

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:36535)

Features of 3 Blackmarsh Road

Listing # 1298882
Price $649,500
Bedrooms 3
Bathrooms 1.00
Square Footage 3,400
Acres 0.00
Year Built 1975
Type Multi-family
Sub-Type Freehold

Community Information

Address 3 Blackmarsh Road
City St. John's
Province Newfoundland & Labrador
Postal Code A1E1S2

Amenities

Amenities Highway
Is Waterfront No
Has Pool No

Interior

Heating Electric Mini-Split
Fireplace No
Has Basement No

Exterior

Exterior Brick
Roof Material Torch on Roof
Roof Style Unknown
Foundation Concrete

Listing Details

OfficeCourtesy Of HomeLife Experts Realty Inc.

Listing Map