About the property (MLS: 1278338):
Warehouse with Office Spaces for Sale. This spacious floor plan is ideal for storage, distribution, or manufacturing. Each floor is equipped with modern, well-lit office areas, perfect for administrative work or client meetings. The expansive storage on the first floor is ideal for inventory, equipment, or product distribution. With its flexible layout and 5 hydraulic loading entrances this property offers an excellent opportunity for businesses seeking a balance between operational efficiency and office convenience. Lunch space also available and a washroom on each floor for your convenience. Office on maim floor is 876 sqft and the second floor is 938 sqft. Warehouse is approximately 4500sqft. Convenient access via major highways and transportation hubs but still nestled in a peaceful low traffic area, offering privacy and a quiet work environment. Don't miss this opportunity to get your hands on this space. (id:56688)
Property Details
Listing ID: 27528099
Address: 160 E White Hills Road, St John's, Newfoundland & Labrador, Canada A1A5J7
Status: Active
Last updated: 23 days ago ( Oct 10, 2024 )
Property Type: Retail
Structure Type: Other
Ownership Type: Leasehold
Heating: Baseboard heaters
Flooring: Mixed Flooring
Living Area Total: 6,314 square feet
Price per sq ft: $206
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Heating: Baseboard heaters
Flooring: Mixed Flooring
Common Interest: Leasehold
Business Type: Industrial, Manufacturing, Other, Retail and Wholesale, Service
Number of photos available: 42
Rurl
Coordinates: [47.594941, -52.685501]
Rooms
Basic Calculator
First Mortgage: $1,040,000
Mortgage insurance premium: $0
Total Financing: $1,040,000
Rough closing fee (1.5%): ~ $19,500
Total downpayment with estimated closing fee: $279,500
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $6,946 | $83,352 |
Gross rental income (income/principal ratio) | 0.534% | 6.412% |
Mortgage | $0 | $0 |
Monthly Expenses | $1,625 | $19,500 |
Vacancy | $348 | $4,168 |
Management Fee | $556 | $6,669 |
Expense / Income Ratio | 23.39% | 23.39% |
Cash Flow | $4,419 | $53,028 |
Net Operating Income (NOI) | $4,419 | $53,028 |
Capitalization Rate | 0.34% | 4.08% |