For sale · MLS® 1276911
6 Harbour Road
Cape Broyle, NL, A0A1P0
List price
$649,900
About this propertyMLS® 1276911
Discover this thriving, well-established business in the heart of Cape Broyle, operating successfully since 1970. This business is located in a high traffic area directly of the IRISH lOOP DRIVE for great exposure and visibility. The Riverside Restaurant & Lounge is a community staple, renowned for its excellent food, drinks, and local entertainment. This booming business has earned a loyal customer base, attracting both locals and tourists year around. The current owners have taken great pride in maintaining the property, ensuring that everything is in top condition. Features include a spacious sit down 44 person restaurant with an amazing ""OCEAN VIEW"", Lounge and bar area to enjoy local music and pub food, not to mention the oversized patio were you can relax, eat ,drink,and look at the amazing Atlantic ocean, as well as a massive kitchen/preparation and storage area. With its prime location and excellent reputation, this is a golden opportunity for an entrepreneurial spirit to take over and continue the success of a booming business in Cape Broyle. Whether you're looking to expand your portfolio or step into the hospitality industry, this established business offers everything you need to hit the ground running. Own your own business just 40 minutes from St.Johns. Great community to live and prosper where everyone helps and everyone's your neighbor. (id:56688)
Specifications
Property details
Room by room
Rooms
The neighbourhood
Cape Broyle at a glance
Live market stats for Cape Broyle — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
20
Median list price
$90k
Price range
$24k – $699k
Typical build
1990
Average size
2,291 sqft
Where Cape Broyle listings are priced
Every active list price in Cape Broyle, grouped into bands.
List price, thousands of $ · 19 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 14 |
| 200–300 | 2 |
| 300–400 | 1 |
| 500–750 | 2 |
How Cape Broyle compares
Median list price against the next biggest markets — click a row for that area guide.
The essentials
Location, air, flood & taxes
Elevation
2 m
0300 mmetres above sea level
Air quality now
1–3 band
110+AQHI 1.7 · Low risk · St. John's · updated 3:00 a.m.
Flood & zoning are mapped for St. John's only
Amenity constellation
compass view · OpenStreetMap · ODEF schools
Nearby & drive routes
1 place shown · 3 routes · OpenStreetMap · OSRM
- 60 min to downtown St. John's66 km
- 67 min to Memorial University69.6 km
- 73 min to Avalon Mall76.3 km
Groceries 1
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
$0/mo
Principal & interest $0 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-813
NOI / month
$-813
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $0 | $0 |
| Expenses | $813 | $9,756 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-813 | $-9,756 |
| NOI | $-813 | $-9,756 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Monthly carrying cost
$3,181/mo
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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