About this propertyMLS® 1302267
Prime Opportunity to be a franchise owner of a Cora restaurant on Hebron way, St John's. Property has been well maintained. Owners Retiring. (id:56688)
Property details
MLS®1302267
Listing ID30189338
Address15 Hebron Way, St John's, Newfoundland & Labrador, Canada A1A0M1
StatusActive
Last updated2 months ago ( Aug 24, 2026 )
Property TypeRetail
Structure TypeSpecial Purpose
Number of stories1
HeatingElectric
Living Area Total3,200 square feet
Price per sq ft: $75Tax Annual Amount$18,000
RoofTar & gravel, Unknown
HeatingElectric
Common InterestLeasehold
Business TypeRestaurant
Building FeaturesRecreation Centre, Air Conditioning
Number of photos available2
RurlCoordinates: [47.616524, -52.725082]
Rooms
Basic Calculator
First Mortgage: $191,200
Mortgage insurance premium: $0
Total Financing: $191,200
Rough closing fee (1.5%): ~ $3,585
Total downpayment with estimated closing fee: $51,385
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $299 | $3,588 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | Infinity% | Infinity% |
| Cash Flow | $-299 | $-3,588 |
| Net Operating Income (NOI) | $-299 | $-3,588 |
| Capitalization Rate | -0.13% | -1.50% |
Capitalization Rate: -1.50%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $341,429
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