Parcel AA Kenmount Road Unit#Suite B
Paradise, NL, A1L1H6
$850,000
About the property (MLS: 1288896):
Introducing Suite B, a brand-new, two-storey warehouse/shop unit coming soon to a modern, professionally managed multi-tenant commercial building. This pre-construction opportunity offers a functional and flexible layout across two full-height floors, ideal for trades, light industrial users, storage, or small business operations. Designed with efficiency in mind, the main floor provides open shop or warehouse space with a private entrance, while the second level offers enclosed workspace or office potential all within a thoughtfully planned commercial complex. (id:56688)
Property Details
Listing ID: 28916132
Address: Parcel AA Kenmount Road Unit#Suite B, Paradise, Newfoundland & Labrador, Canada A1L1H6
Status: Active
Last updated: 7 days ago ( Feb 2, 2026 )
Property Type: Retail
Structure Type: Retail
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Heating: Electric
Flooring: Laminate, Wood, Mixed Flooring
Living Area Total: 3,790 square feet
Price per sq ft: $225
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Heating: Electric
Flooring: Laminate, Wood, Mixed Flooring
Common Interest: Freehold
Business Type: Industrial, Other, Retail and Wholesale
Building Features: Air Conditioning
Number of photos available: 1
Rurl
Coordinates: [47.524413, -52.85404]
Rooms
Basic Calculator
First Mortgage: $680,000
Mortgage insurance premium: $0
Total Financing: $680,000
Rough closing fee (1.5%): ~ $12,750
Total downpayment with estimated closing fee: $182,750
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $4,169 | $50,028 |
| Gross rental income (income/principal ratio) | 0.490% | 5.886% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $1,063 | $12,756 |
| Vacancy | $209 | $2,502 |
| Management Fee | $334 | $4,003 |
| Expense / Income Ratio | 25.50% | 25.50% |
| Cash Flow | $2,565 | $30,780 |
| Net Operating Income (NOI) | $2,565 | $30,780 |
| Capitalization Rate | 0.30% | 3.62% |
