About the property (MLS: 1280917):
This commercial property enjoys prime positioning in a bustling area of Topsail Rd, ensuring excellent public visibility. Currently utilised as a restaurant, it holds immense potential for conversion into various businesses. If you are looking to home your thriving business then 949 Topsail Rd is a must see! With a generous allocation of 29 parking spaces, the property spans approximately 1.83 acres, featuring undeveloped rear space suitable for diverse applications. Explore the possibilities—your business's new home. With well over 6000 square feet of usable space the space is there for you! The basement is fully finished, and the property benefits from a highly efficient 4-head mini-split heating and cooling system, ensuring cost-effective operation. (id:56688)
Property Details
Listing ID: 27800945
Address: 949 Topsail Road, Mount Pearl, Newfoundland & Labrador, Canada A1N2K1
Status: Active
Last updated: 22 days ago ( Jan 23, 2025 )
Property Type: Office
Structure Type: Offices
Ownership Type: Freehold
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Tax Annual Amount: $8,672
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Common Interest: Freehold
Business Type: Restaurant, Retail and Wholesale, Service
Number of photos available: 7
Rurl
Coordinates: [47.52358, -52.801416]
Rooms
Basic Calculator
First Mortgage: $1,200,000
Mortgage insurance premium: $0
Total Financing: $1,200,000
Rough closing fee (1.5%): ~ $22,500
Total downpayment with estimated closing fee: $322,500
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% |