23 Pollard Avenue
Paradise, NL, A1L0X7
$4,200,000
About the property (MLS: 1287478):
Prime 18,000 SF Commercial Warehouse with Office Space & Yard – Ideal for Distribution or Manufacturing This exceptionally well-maintained 18,000 square foot clear-span warehouse offers the perfect combination of functional space and modern infrastructure. Featuring approximately 2,400 square feet of finished office space, this property is tailored for businesses requiring both administrative and operational capabilities under one roof. Strategically designed for warehousing, distribution, light manufacturing, or logistics operations, this facility offers the infrastructure and accessibility to support your business’s growth. Zoned appropriately and move-in ready, this is a rare opportunity to secure a high-quality commercial asset in a well-connected location. Key features include open clear-span design – no interior support posts, maximizing usable floor space and operational flexibility, approx. 30’ clear ceiling height at the center, ideal for high-rack storage or specialized equipment, 2,400 SF mezzanine level, expanding storage or auxiliary workspace, 2 grade-level loading doors and 2 full loading docks for seamless shipping and receiving, heavy power supply with 600-amp electrical service to support industrial equipment, 18 dedicated parking spaces for staff and visitors, expansive yard space with ample room for tractor trailer access and parking. Come take a look. (id:56688)
Property Details
Listing ID: 28567405
Address: 23 Pollard Avenue, Paradise, Newfoundland & Labrador, Canada A1L0X7
Status: Active
Last updated: 2 months ago ( Sep 9, 2025 )
Year Built: 2013
Property Type: Business
Structure Type: Other
Ownership Type: Freehold
Heating: Baseboard heaters, Forced air, Electric, Other
Flooring: Laminate, Concrete Slab
Living Area Total: 18,000 square feet
Price per sq ft: $234
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Heating: Baseboard heaters, Forced air, Electric, Other
Flooring: Laminate, Concrete Slab
Common Interest: Freehold
Business Type: Industrial, Other, Retail and Wholesale, Service
Number of photos available: 40
Rurl
Coordinates: [47.520968, -52.862078]
Rooms
Basic Calculator
First Mortgage: $3,360,000
Mortgage insurance premium: $0
Total Financing: $3,360,000
Rough closing fee (1.5%): ~ $63,000
Total downpayment with estimated closing fee: $903,000
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $19,800 | $237,600 |
| Gross rental income (income/principal ratio) | 0.471% | 5.657% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $5,250 | $63,000 |
| Vacancy | $990 | $11,880 |
| Management Fee | $1,584 | $19,008 |
| Expense / Income Ratio | 26.52% | 26.52% |
| Cash Flow | $11,976 | $143,712 |
| Net Operating Income (NOI) | $11,976 | $143,712 |
| Capitalization Rate | 0.29% | 3.42% |
