$299,900

Mixed-Use Conversion Opportunity – Prime Central Location Unlock the full potential of this ideally located property in central St. John's. Currently configured with a commercial office on the main level and a 1-bedroom apartment above, this property presents a compelling opportunity for investors or developers looking to maximize residential income. The main floor layout includes two office spaces, a half bathroom, and a kitchen area, offering excellent bones for conversion. With thoughtful renovation, the space could be reimagined into a second residential unit—including the potential to add a full bathroom and repurpose the existing half bath into a pantry or storage space, creating a more functional and modern apartment layout. Upstairs, the existing 1-bedroom apartment provides immediate rental potential or can be updated to align with the new vision for the property. The building also benefits from rear parking access, a valuable feature for future tenants in this central location. Positioned close to amenities, transit, and downtown access, this property is well-suited for those looking to transform a mixed-use space into a two-unit residential income property. Key Highlights: Strong conversion potential to two residential units Opportunity to add full bath and redesign main level layout Existing 1-bedroom apartment upstairs Rear parking Central, high-demand location A rare value-add opportunity in the heart of the city—bring your vision and capitalize on the possibilities. (id:64343)

Property Details

MLS® Number	1296569
Property Type	Single Family

Building

Bathroom Total	2
Bedrooms Total	1
Architectural Style	2 Level
Constructed Date	1976
Construction Style Attachment	Detached
Exterior Finish	Vinyl Siding
Fireplace Present	Yes
Flooring Type	Hardwood, Other
Foundation Type	Wood
Half Bath Total	1
Heating Fuel	Oil
Heating Type	Mini-split
Size Interior	1,945 Ft2
Type	Two Apartment House
Utility Water	Municipal Water

Land

Access Type	Year-round Access
Acreage	No
Sewer	Municipal Sewage System
Size Irregular	335sqm
Size Total Text	335sqm|4,051 - 7,250 Sqft
Zoning Description	Res/comm

Rooms

Level	Type	Length	Width	Dimensions
Second Level	Bath (# Pieces 1-6)			3 PCS
Second Level	Not Known			12x13
Second Level	Not Known			16x12
Second Level	Not Known			7.5x7.5
Main Level	Bath (# Pieces 1-6)			Two Piece
Main Level	Office			14x19
Main Level	Office			14x10
Main Level	Kitchen			6x7.5
Main Level	Porch			6.5x4.5

https://www.realtor.ca/real-estate/29659285/288-lemarchant-road-st-johns