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
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
Investment Calculator:
Monthly | Yearly | |
---|---|---|
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 Ratio | Infinity% | Infinity% |
Cash Flow | $-1,250 | $-15,000 |
Net Operating Income (NOI) | $-1,250 | $-15,000 |
Capitalization Rate | -0.13% | -1.50% |