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TelephoneEmail454 WATER Street, ST. JOHN'S, Newfoundland & Labrador, Canada A1E1B1

454 WATER Street

ST. JOHN'S, NL, A1E1B1

location

$999,999

454 WATER Street ST. JOHN'S Newfoundland & Labrador Canada A1E1B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
454 WATER Street ST. JOHN'S Newfoundland & Labrador Canada A1E1B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
454 WATER Street ST. JOHN'S Newfoundland & Labrador Canada A1E1B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
454 WATER Street ST. JOHN'S Newfoundland & Labrador Canada A1E1B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
454 WATER Street ST. JOHN'S Newfoundland & Labrador Canada A1E1B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
454 WATER Street ST. JOHN'S Newfoundland & Labrador Canada A1E1B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
454 WATER Street ST. JOHN'S Newfoundland & Labrador Canada A1E1B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
454 WATER Street ST. JOHN'S Newfoundland & Labrador Canada A1E1B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
454 WATER Street ST. JOHN'S Newfoundland & Labrador Canada A1E1B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
454 WATER Street ST. JOHN'S Newfoundland & Labrador Canada A1E1B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
454 WATER Street ST. JOHN'S Newfoundland & Labrador Canada A1E1B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
454 WATER Street ST. JOHN'S Newfoundland & Labrador Canada A1E1B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
454 WATER Street ST. JOHN'S Newfoundland & Labrador Canada A1E1B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
454 WATER Street ST. JOHN'S Newfoundland & Labrador Canada A1E1B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
454 WATER Street ST. JOHN'S Newfoundland & Labrador Canada A1E1B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
454 WATER Street ST. JOHN'S Newfoundland & Labrador Canada A1E1B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
454 WATER Street ST. JOHN'S Newfoundland & Labrador Canada A1E1B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
454 WATER Street ST. JOHN'S Newfoundland & Labrador Canada A1E1B1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1271765):

Commercial Office Space for sale in a high visibility area with over 5,000 square of space, close to the entrance of Pitts Memorial Drive Downtown St Johns. This detached three story building has been renovated both interior and exterior with all new finishes on every level top to bottom. The property has an abundance of individual new office space as well as a large Board room ,each level has a 1/2 bath/ kitchenette area. This building has been totally upgraded including a heat pump system/air conditioning. 400 amp service. Shows extremely well just like new. Off street parking available for numerous vehicles. (id:56688)

Property Details
MLS: 1271765
Listing ID: 26855706
Address: 454 WATER Street, ST. JOHN'S, Newfoundland & Labrador, Canada A1E1B1
Status: Active
Last updated: 16 days ago ( Nov 25, 2024 )
Property Type: Business
Structure Type: Other
Ownership Type: Freehold
Heating: Heat Pump, Electric
Flooring: Mixed Flooring
Price per sq ft: $
Tax Annual Amount: $13,000
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Heating: Heat Pump, Electric
Flooring: Mixed Flooring
Common Interest: Freehold
Business Type: Other, Service
Number of photos available: 18
Rurl
Coordinates: [47.556667, -52.71261]

Rooms

Basic Calculator



First Mortgage: $800,000

Mortgage insurance premium: $0

Total Financing: $800,000

Rough closing fee (1.5%): ~ $15,000

Total downpayment with estimated closing fee: $215,000

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Investment Calculator:

MonthlyYearly
Gross Revenue$0$0
Gross rental income (income/principal ratio)0.000%0.000%
Mortgage$0$0
Monthly Expenses$1,250$15,000
Vacancy$0$0
Management Fee$0$0
Expense / Income RatioInfinity%Infinity%
Cash Flow$-1,250$-15,000
Net Operating Income (NOI)$-1,250$-15,000
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).): $1,428,570