For sale · MLS® 1289189
248 Water Street
Botwood, NL, A0H1E0
List price
$249,000
About this propertyMLS® 1289189
PRIME LOCATION! Vendor wants SOLD OR WILLING TO LEASE! Great time to open a new convenience store with very few now operating in the local area. SO MANY POSSIBILITES FOR THIS BUILDING AND LAND LOCATED IN A PRIME DOWNTOWN LOCATION AT THE INTERSECTION OF WATER STREET & COMMONWEALTH DRIVE,BOTWOOD! This building has so many potential uses including office space, retail store, restaurant/takeout, bakery & the list goes on for so much more! Looking to expand & relocate your existing business this property maybe the right fit for your needs! IF YOU ALWAYS WANTED TO WORK FOR YOURSELF & BE YOUR OWN BOSS THIS MAYBE YOUR CHANCE! This building has had new shingles added 6 years ago; certified oil tank just 5 years old; interior section of new T-bar ceiling & led lighting added in recent years. Located at rear of retail area is an office, 1/2 bath, 2 storage areas. This building also features a second floor loft/storage area which would be great for future development if new motivated owner wanted extra space for a business. Don't miss this opportunity!!! (id:56688)
Specifications
Property details
Room by room
Rooms
The neighbourhood
Botwood at a glance
Live market stats for Botwood — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
17
Median list price
$249k
Price range
$35k – $799k
Typical build
1989
Average size
1,894 sqft
Where Botwood listings are priced
Every active list price in Botwood, grouped into bands.
List price, thousands of $ · 17 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 8 |
| 200–300 | 6 |
| 300–400 | 1 |
| 500–750 | 1 |
| 750–1M | 1 |
How Botwood compares
Median list price against the next biggest markets — click a row for that area guide.
The essentials
Location, air, flood & taxes
Elevation
5 m above sea level
Air quality now
AQHI 2.09 · Low risk
Grand Falls - Windsor station · updated 2:00 a.m.
Property tax
$908 / year
≈ $76 / month
Climate
Jan -3° · Jul 23°
normal daily high · RATTLING BRK NORRIS ARM station · 1991–2020
Nearby & drive routes
9 places shown · OpenStreetMap · OSRM
Schools 5
Groceries 3
Parks 1
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
$76/mo
Principal & interest $0 + property tax $76 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-311
NOI / month
$-311
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $76 | $908 |
| Expenses | $236 | $2,832 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-311 | $-3,732 |
| NOI | $-311 | $-3,732 |
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
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