542 Water Street
St. John's, NL, A1E1B7
$259,900
About the property (MLS: 1266606):
Wow! Rare and hard to find. A 100 foot frontage site on Water Street in downtown St. John's. Street access curbing already in place. Many possibilities for your office, commercial, retail or service business at this busy site. Great passing trade and high traffic counts. The vendor would be pleased to offer a turn-key land and building package or just sell the building lot. Walking distance to downtown and on the bus route. The adjacent developed site hosts a financial services company and the Loop fly fishing retail operation. The lot is part of the former Irving Oil service station site and has been remediated and approved for commercial construction. Priced to sell! (id:56688)
Property Details
Listing ID: 26401850
Address: 542 Water Street, St. John's, Newfoundland & Labrador, Canada A1E1B7
Status: Active
Last updated: a year ago ( May 15, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Price per sq ft: $∞
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Common Interest: Freehold
Number of photos available: 4
Rurl
Coordinates: [47.553392, -52.71471]
Rooms
Basic Calculator
First Mortgage: $207,920
Mortgage insurance premium: $0
Total Financing: $207,920
Rough closing fee (1.5%): ~ $3,899
Total downpayment with estimated closing fee: $55,879
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $325 | $3,900 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | Infinity% | Infinity% |
| Cash Flow | $-325 | $-3,900 |
| Net Operating Income (NOI) | $-325 | $-3,900 |
| Capitalization Rate | -0.13% | -1.50% |
