About this propertyMLS® 1274488
Are you looking to have your own business in the Town of Stephenville? Welcome to 10-14 Main Street, The Dreamcatcher Lodge, offers a turnkey opportunity that can be yours!! This wonderful property has it ALL, LOT, LAYOUT & LOCATION!! Located in a prime location with 1.3 acres of land on Main Street in a high traffic area for maximum visibility with access to property also from West Street. Three buildings that consist of a Hotel & 2 Motels. Each building has 2 floors with an approximate total of 19,500 sq/ft of space & located on a large parcel of land with paved parking for multiple vehicles. Main building consists of a lounge, kitchen, vacant restaurant, public washrooms, lobby and storage space on the main floor & 10 hotel rooms upstairs. The 2 Motels have 10 rooms each that are self contained with appliances, furniture, beddings, draperies & linens included and a one bedroom apartment. This business started in the 1950's and current owners has been in operation for 20 years and now looking for new owners to keep it growing, expanding and prosper in a continuous successful business. The possibilities are endless!! Dream catcher Lodge is a 2 minute walk to the beach and walking distance to shopping & all other amenities. HST applicable on purchase price. (id:56688)
Specifications
Property details
Room by room
Rooms
The neighbourhood
Stephenville at a glance
Live market stats for Stephenville — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
91
Median list price
$265k
Price range
$45k – $5.5M
Typical build
1975
Average size
4,882 sqft
Where Stephenville listings are priced
Every active list price in Stephenville, grouped into bands.
List price, thousands of $ · 91 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 38 |
| 200–300 | 15 |
| 300–400 | 15 |
| 400–500 | 6 |
| 500–750 | 12 |
| 750–1M | 2 |
| 1M+ | 3 |
How Stephenville compares
Median list price against the next biggest markets — click a row for that area guide.
Stephenvillenearby markets
The essentials
Location, air, flood & taxes
Elevation
7 m above sea level
Air quality now
AQHI 1 · Low risk
Corner Brook station · updated 2:00 a.m.
Property tax
$2,958 / year
≈ $247 / month · assessment year 2025
Climate
Feb -3° · Aug 21°
normal daily high · STEPHENVILLE A station · 1991–2020
Nearby & drive routes
25 places shown · OpenStreetMap · OSRM
Schools 13
Groceries 4
Cafés 1
Parks 7
Plan ahead
Calculators & neighbourhood
Estimate payments and returns, and check how walkable this address is — all in one place.
Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$247/mo
Principal & interest $0 + property tax $247 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-246
NOI / month
$-246
Cap rate
-0.05%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $247 | $2,958 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-246 | $-2,952 |
| NOI | $-246 | $-2,952 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
Have a question?
Send a message and Haris will get back to you — usually the same day.
Talk to Haris
A real person, every time
Buying, selling, or just curious about what your home is worth — no call centres, no runaround.
- Call or text416-873-4676
- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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