
About the property (MLS: 1280896):
Fantastic opportunity for an amazing business venture! 560 Kenmount Road, St. John's is an ideal location with high traffic to support a wide variety of new commercial development. There is 65,324 sq ft zoned Commercial Highway with 600 ft frontage on Kenmount Road directly across from Steele Honda, there is 11.18 Acres zoned Open Space surrounding the Commercial Highway portion from Great Eastern Avenue back to Iceland Place totaling 12.68 Acres with 1,212 ft frontage on Kenmount Road. Great proximity to the Highway, Commercial, Retail and Residential areas. There is potential for 2 lots to be developed by the Purchaser or for 2 entrance/exit access points on Kenmount Road. The Purchaser is responsible for all development permits. (id:56688)
Property Details
Listing ID: 27799480
Address: 560 Kenmount Road, St John's, Newfoundland & Labrador, Canada A1B0J8
Status: Active
Last updated: a month ago ( Jan 14, 2025 )
Property Type: Retail
Structure Type: Commercial Mix
Ownership Type: Freehold
Heating: No heat
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Heating: No heat
Common Interest: Freehold
Business Type: Industrial, Other, Retail and Wholesale, Service
Number of photos available: 1
Rurl
Coordinates: [47.544574, -52.794906]
Rooms
Basic Calculator
First Mortgage: $720,000
Mortgage insurance premium: $0
Total Financing: $720,000
Rough closing fee (1.5%): ~ $13,500
Total downpayment with estimated closing fee: $193,500
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% |