
About the property (MLS: 1280826):
This expansive 31,113 sq. ft. commercial land parcel offers a prime opportunity for businesses and investors alike. Located just off Kelsey Drive in the thriving Kenmount Terrace area, this lot boasts 201 feet of high-visibility frontage along Kiwanis Street. Its strategic position, adjacent to Kenmount Road and parallel to Kelsey Drive, ensures excellent access to key commercial hubs, including the bustling Kelsey Drive Smart Centre. With heavy traffic flow and easy connectivity to major routes, this site is perfectly suited for a variety of commercial ventures. Zoned for commercial use, it provides a blank canvas for development, making it ideal for retail, office spaces, or other business operations. Furthermore, a thorough geotechnical study has been completed, providing valuable insight and added peace of mind for potential buyers. Whether you're looking to expand your business or invest in a high-potential location, this property offers limitless possibilities. Don’t miss out on this rare opportunity. (id:56688)
Property Details
Listing ID: 27794126
Address: 33 Kiwanis Street, St. John's, Newfoundland & Labrador, Canada A1B0S1
Status: Active
Last updated: a month ago ( Jan 13, 2025 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Tax Annual Amount: $4,873
Tax Year: 2020
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.550407, -52.78215]
Rooms
Basic Calculator
First Mortgage: $366,000
Mortgage insurance premium: $0
Total Financing: $366,000
Rough closing fee (1.5%): ~ $6,863
Total downpayment with estimated closing fee: $98,363
Investment Calculator:
Monthly | Yearly | |
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Gross Revenue | $0 | $0 |
Gross rental income (income/principal ratio) | 0.000% | 0.000% |
Mortgage | $0 | $0 |
Monthly Expenses | $0 | $0 |
Vacancy | $0 | $0 |
Management Fee | $0 | $0 |
Expense / Income Ratio | NaN% | NaN% |
Cash Flow | $0 | $0 |
Net Operating Income (NOI) | $0 | $0 |
Capitalization Rate | 0.00% | 0.00% |