1 Paton Street Unit#9
St. John's, NL, A1B4S8
$279,900
About the property (MLS: 1264036):
Great opportunity for your business. This vacant 1067 s/f condo unit is conveniently located in central St. John’s on the Lower Level of the Summerville Complex. This property has a current great mix of professional businesses (Doctors, Lawyers, Bank and other service professionals) , plus 2 floors of in-house residential traffic. Surrounded by schools, university and homes, makes for a prim community business location. This condo unit is 1067 sq ft and is located in the lower level, with elevator and stair access. Currently set-up as a medical practice with one exam room, one office, kitchenette, and waiting room, with ample space to divide as other separate rooms. This property’s leasehold improvements are in excellent condition, plus low operating costs and lots of parking. Condo fees $ 390. (id:56688)
Property Details
Listing ID: 26119191
Address: 1 Paton Street Unit#9, St. John's, Newfoundland & Labrador, Canada A1B4S8
Status: Active
Last updated: 2 years ago ( May 15, 2024 )
Year Built: 2000
Property Type: Office
Structure Type: Offices
Heating: Baseboard heaters, Forced air, Electric
Price per sq ft: $∞
Tax Annual Amount: $5,510
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Heating: Baseboard heaters, Forced air, Electric
Business Type: Retail and Wholesale, Service
Number of photos available: 18
Rurl
Coordinates: [47.565815, -52.737715]
Rooms
Basic Calculator
First Mortgage: $223,920
Mortgage insurance premium: $0
Total Financing: $223,920
Rough closing fee (1.5%): ~ $4,199
Total downpayment with estimated closing fee: $60,179
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $350 | $4,200 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | Infinity% | Infinity% |
| Cash Flow | $-350 | $-4,200 |
| Net Operating Income (NOI) | $-350 | $-4,200 |
| Capitalization Rate | -0.13% | -1.50% |
