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    For Sale - 232 water Street, Out of Area, Newfoundland And Labrador

    Est payment $16,807/mo
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    Views   1
    Time on Jump  64 day

    AI Summary *

    • Historic property rebuilt in 1860, rich in North American history.
    • Comprehensive renovations transformed the building while maintaining its character.
    • Fully equipped commercial kitchen and signature bar popular with customers.
    • Third floor features a full theater for events and entertainment.
    • Includes substantial adjoining land with development potential for new projects.




    The historical stone jug was rebuilt in 1860, following a devastating fire in 1859. Today, it stands as one of the most historical structures in north america. This is a truly rare and unique opportunity to own a historic property vis a vie the atlantic ocean, located directly across from a museum in the downtown heart of a charming canadian town one hour outside of st. John's. Between 2007 and 2015, the stone jug underwent a complete and extensive renovation. Every stone was carefully removed and re-mortared, all electrical and plumbing systems were fully replaced, a new lifetime roof was installed, custom built grand staircases were added, and all flooring was upgraded to solid hardwood. In many respects, the building has been transformed into what is essentially a new structure while preserving its historic character. The property spans 3 levels along with a basement that is currently used for food storage. It features a fully equipped commercial kitchen, with an exceptionally long bar that has become a signature feature of the establishment and is consistently popular with customers. The third floor has a full theater. The business currently operates as a successful restaurant and bar with seating capacity for 381 guests inside and the capacity for 120 outside. The stone jug currently attracts a wide range of clientele which brings in an assortment of events; including weddings, meetings, private functions, training sessions, and filming for movie and tv shows. The sale includes property, all inventory (complete contents of the building). If the purchaser wishes to continue operating the business in the current capacity, the owner will transfer the existing business licenses as part of the sale. Included with the property is a substantial adjoining parcel of land with development potential. The sale also includes the outdoor sidewalk patio and connecting austrian biergarten vis a vie the atlantic ocean, which presently provides additional business revenue.
    Listing IDX13708256
    Address232 water Street
    CityOut of Area, Newfoundland And Labrador
    Price$3,500,000
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailHeating / Cooling Gas Forced Air Open

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    Listing Brokerage: RE/MAX EXCEL REALTY LTD.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    232 Water Street
    Out of Area , Newfoundland And Labrador
    $3,500,000
    Get more info