For sale · MLS® 1287555
53 Spruce Avenue
Lewisporte, NL, A0G3A0
List price
$159,900
About this propertyMLS® 1287555
What a great opportunity to purchase your very own commercial building. Measuring 30'x50' on a 120’x100 (approximate) lot this former convenience store could easily be converted back and be the thriving business that it once was. Situated next door to Lewisporte Academy in the heart of Lewisporte, it would also be ideal for a daycare facility, or it can be used for storage, office space, a salon, list goes on!!! It's heated and cooled by heat pumps with 400 AMP Service so it can run just about anything! New shingles (2025) and two new garage doors were recently installed for easy access. This is a great price and a great opportunity in a thriving and densely populated neighborhood!! (id:56688)
Specifications
Property details
Room by room
Rooms
The neighbourhood
Lewisporte at a glance
Live market stats for Lewisporte — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
41
Median list price
$162k
Price range
$30k – $1.4M
Typical build
1983
Average size
2,574 sqft
Where Lewisporte listings are priced
Every active list price in Lewisporte, grouped into bands.
List price, thousands of $ · 40 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 25 |
| 200–300 | 8 |
| 300–400 | 2 |
| 400–500 | 2 |
| 500–750 | 1 |
| 750–1M | 1 |
| 1M+ | 1 |
How Lewisporte compares
Median list price against the next biggest markets — click a row for that area guide.
The essentials
Location, air, flood & taxes
Elevation
16 m above sea level
Air quality now
AQHI 2.09 · Low risk
Grand Falls - Windsor station · updated 2:00 a.m.
Property tax
$1,000 / year
≈ $83 / month · assessment year 2025
Nearby & drive routes
10 places shown · OpenStreetMap · OSRM
Schools 5
Health 2
Cafés 1
Parks 2
Plan ahead
Calculators & neighbourhood
Estimate payments and returns, and check how walkable this address is — all in one place.
Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$84/mo
Principal & interest $0 + property tax $84 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-199
NOI / month
$-199
Cap rate
-1.49%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $84 | $1,000 |
| Expenses | $116 | $1,392 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-199 | $-2,388 |
| NOI | $-199 | $-2,388 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
Have a question?
Send a message and Haris will get back to you — usually the same day.
Talk to Haris
A real person, every time
Buying, selling, or just curious about what your home is worth — no call centres, no runaround.
- Call or text416-873-4676
- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
Your details go straight to Haris — never shared, never spammed.