215 Conception Bay Highway
Conception Bay South, NL, A1W3H1
$219,900
About the property (MLS: 1259697):
Prime commercial parcel of land with excellent visibility and a high volume of vehicles on the main highway in CBS! This strategically located land has a frontage of 89ft in downtown Conception Bay South and is zoned commercial C1. There is a small bungalow present on the property and will be sold in as-is condition. The possibilities for this lot are vast, including retail and office units, among others. Please note that any development on the lot is subject to approval from the Town of CBS, and the purchaser is responsible for obtaining all necessary permits and paying all fees. (id:56688)
Property Details
Listing ID: 25730650
Address: 215 Conception Bay Highway, Conception Bay South, Newfoundland & Labrador, Canada A1W3H1
Status: Active
Last updated: 2 years ago ( May 15, 2024 )
Year Built: 1954
Property Type: Business
Structure Type: Other
Ownership Type: Freehold
Heating: Electric
Flooring: Mixed Flooring
Price per sq ft: $∞
Tax Annual Amount: $1,500
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Heating: Electric
Flooring: Mixed Flooring
Common Interest: Freehold
Business Type: Other, Retail and Wholesale
Number of photos available: 19
Rurl
Coordinates: [47.514968, -52.964144]
Rooms
Basic Calculator
First Mortgage: $175,920
Mortgage insurance premium: $0
Total Financing: $175,920
Rough closing fee (1.5%): ~ $3,299
Total downpayment with estimated closing fee: $47,279
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $275 | $3,300 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | Infinity% | Infinity% |
| Cash Flow | $-275 | $-3,300 |
| Net Operating Income (NOI) | $-275 | $-3,300 |
| Capitalization Rate | -0.13% | -1.50% |
