12 Freshwater Road
St. John's, NL, A1C2M9
$379,900
About the property (MLS: 1282558):
Introducing an incredible opportunity to own and operate a restaurant situated on bustling Freshwater Road, which benefits from high foot traffic and visibility, and enjoys close proximity to commercial offices, residential areas, and numerous attractions, making it a popular choice for both dine-in and takeout customers. This restaurant has established itself as a beloved culinary destination, currently serving delectable Chinese cuisine that captivates the taste buds of locals and visitors alike. With a proven track record of success and a loyal customer base, this business promises an exceptional investment for aspiring restaurateurs. Don't miss this rare opportunity to embrace a balanced life, where you can live your passion for food and hospitality while enjoying the comfort of your home just steps away. Act now to secure your future in this vibrant and sought-after location! (id:56688)
Property Details
Listing ID: 28026587
Address: 12 Freshwater Road, St. John's, Newfoundland & Labrador, Canada A1C2M9
Status: Active
Last updated: 2 months ago ( Mar 14, 2025 )
Property Type: Business
Structure Type: Special Purpose
Ownership Type: Freehold
Heating: Radiant heat, Oil
Tax Annual Amount: $3,000
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Heating: Radiant heat, Oil
Common Interest: Freehold
Business Type: Accommodation, Other, Restaurant
Number of photos available: 12
Rurl
Coordinates: [47.563898, -52.715824]
Rooms
Basic Calculator
First Mortgage: $303,920
Mortgage insurance premium: $0
Total Financing: $303,920
Rough closing fee (1.5%): ~ $5,699
Total downpayment with estimated closing fee: $81,679
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| 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% |
