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$399,900
Newfoundland & Labrador,St. John's
For Sale Active
210 Pennywell Road, St. John's, Newfoundland & Labrador A1C2L6
  • 3,136 Sqft
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Basic Details
Description

Ideal owner-operator restaurant opportunity in the center of St. John’s. Operating as the well-known New City Restaurant, this high-visibility property successfully served the community for more than 25 years and offers outstanding potential for a wide range of future uses. Ideally located just moments from downtown, Ropewalk Lane, Memorial University, the Avalon Mall, major amenities, and key transportation routes, this

property combines convenience, exposure, and long-term upside in one strategic location. The longstanding restaurant operation may support future discretionary commercial use opportunities subject to City approvals, while the existing layout and history provide an excellent foundation for a purchaser looking to bring new life and vision to the space. Currently zoned R2, the property also presents significant redevelopment and residential intensification potential. The building includes a spacious 6-bedroom apartment, creating additional income potential for investors or flexibility for owner occupancy, staff accommodations, or future redevelopment concepts. Whether you’re an entrepreneur, investor, restaurateur, or developer, this property offers exceptional value and upside potential in a rapidly evolving area of the city. The property is being offered in its current condition and presents an excellent opportunity for purchasers looking to renovate, reposition, or customize the property to suit their vision. Rarely do opportunities with this combination of location, history, zoning flexibility, and future potential become available. Note – basement not included in total square footage. (id:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 1297894
  • Price: $399,900
  • Square Footage: 3,136 Sqft
  • Status: Active
  • Property Sub Type: Retail
  • Office Key: 293977
Features & Appliances
Features
  • Heating System: Baseboard heaters, Electric
Address Map
  • Location: CA, Newfoundland & Labrador, St. John's, A1C2L6
  • Street: Pennywell
  • Street Number: 210
  • Street Suffix: Road
  • Longitude: W53° 16' 24''
  • Latitude: N47° 33' 35.9''
Additional Information
  • Business Type: Other
  • Lot Size Dimensions: 72x49x75x49x150
Financial
  • Tax Annual Amount: 6995
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Listing updated: 2026-06-13 17:39:42
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Listing Information
  • List Agent Key: 1572241
  • List Office Key: 293977
  • Modification Timestamp: 2026-05-22T19:30:31Z
  • Originating System Name: Newfoundland & Labrador Association of REALTORS®
  • Status Change Timestamp: 2026-05-22T19:22:36Z
Powered by REALTOR.ca
Listing updated: 2026-06-13 17:39:42
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