296 LeMarchant Road

St. John's A1E 1R2

Attention investors and contractors - Great renovation potential or commercial opportunity. All three levels have framing exposed, the roof was shingled in 2023 and the property is ready to be renovated for the purchasers desired use. The property is zoned Residential Mixed (RM) permitting a number of different applications & discretionary uses such as a two-apartment home, office space, bed and breakfast, retail uses, and more, subject to approvals. Savvy investors should take note of the City's new (RM) zoning text amendments which could allow for higher density usage. Ample parking available with spaces in the front of the building and full drive-in rear access suitable for a parking lot. Property also features a small outbuilding for storage. Great opportunity for a savvy buyer in a growing part of the City's West End, just outside of the downtown area and located next to the growing Urban Market, Cove Bouldering Gym & LeMarchant business area. Please note that all measurements provided are approximate and should be independently confirmed by the purchaser. Any necessary permits, approvals, applications or associated fees will be the responsibility of the purchaser. Sale of property is HST applicable as previous use was a commercial property. Sold as is where is. (id:2493)