8 Lintrose Place
Mount Pearl, NL, A1N5K2
$2,799,000
About the property (MLS: 1285997):
Rare opportunity for a 21 year old mixed use retail and industrial warehouse space boasting 7,200 sq. ft. garage, 3,000 sq. ft. showroom/office, 3,000 sq. ft. mezzanine storage and office and 1,500 sq. ft. parts storage area providing 15,000 sq. ft. total usable space. Property is 1.5 acres with 25 parking stalls on site along with three 12’ x 14’ overhead garage doors and 1 grade level parts loading door. Fenced yard storage at rear. Warehouse space has 20ft ceilings. Building is pre-engineered steel construction and has a 60’ x 204’ footprint. Donovans Industrial Park offers quick access to Kenmount Road, Trans Canada Highway and Pitts Memorial Drive. The property is well maintained and is ready for immediate occupancy. (id:56688)
Property Details
Listing ID: 28419618
Address: 8 Lintrose Place, Mount Pearl, Newfoundland & Labrador, Canada A1N5K2
Status: Active
Last updated: 16 days ago ( Jun 5, 2025 )
Year Built: 2004
Property Type: Business
Structure Type: Other
Ownership Type: Freehold
Heating: Baseboard heaters, Forced air, Oil, Electric
Flooring: Ceramic Tile, Concrete Slab
Living Area Total: 15,000 square feet
Price per sq ft: $187
Tax Annual Amount: $26,365
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Heating: Baseboard heaters, Forced air, Oil, Electric
Flooring: Ceramic Tile, Concrete Slab
Common Interest: Freehold
Business Type: Industrial, Other
Building Features: Air Conditioning
Number of photos available: 47
Rurl
Coordinates: [47.524963, -52.843417]
Rooms
Basic Calculator
First Mortgage: $2,239,200
Mortgage insurance premium: $0
Total Financing: $2,239,200
Rough closing fee (1.5%): ~ $41,985
Total downpayment with estimated closing fee: $601,785
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $16,500 | $198,000 |
| Gross rental income (income/principal ratio) | 0.589% | 7.074% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $3,499 | $41,988 |
| Vacancy | $825 | $9,900 |
| Management Fee | $1,320 | $15,840 |
| Expense / Income Ratio | 21.21% | 21.21% |
| Cash Flow | $10,856 | $130,272 |
| Net Operating Income (NOI) | $10,856 | $130,272 |
| Capitalization Rate | 0.39% | 4.65% |
