9 McNamara Drive
Paradise, NL, A1L0A7
$450,000
About the property (MLS: 1271851):
Excellent commercial location in the center of a bustling district of Paradise. Located on the corner of McNamara Drive and Dianne Whelan Drive, this location has a proven traffic count that continues to grow year by year with many businesses, recreation facilities, walking trails and schools within walking distance. This location is ideal for a multitude of business including retail, professional offices, restaurants (drive-thru options available), warehouses, and recreation. Pictures indicate a variety of concept plans that would suit a wide range of businesses. (id:56688)
Property Details
Listing ID: 26861981
Address: 9 McNamara Drive, Paradise, Newfoundland & Labrador, Canada A1L0A7
Status: Active
Last updated: a year ago ( May 15, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: No 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: None
Common Interest: Freehold
Number of photos available: 7
Rurl
Coordinates: [47.523737, -52.867932]
Rooms
Basic Calculator
First Mortgage: $360,000
Mortgage insurance premium: $0
Total Financing: $360,000
Rough closing fee (1.5%): ~ $6,750
Total downpayment with estimated closing fee: $96,750
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $563 | $6,756 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | Infinity% | Infinity% |
| Cash Flow | $-563 | $-6,756 |
| Net Operating Income (NOI) | $-563 | $-6,756 |
| Capitalization Rate | -0.13% | -1.50% |
