Parcel AA Kenmount Road Unit#Suite A
Paradise, NL, A1L1H6
$850,000
About the property (MLS: 1288853):
Suite A is a well-designed commercial unit currently under development, offering a unique opportunity to establish a modern workspace suitable for a mix of office and light industrial uses. Spread across two levels, the main floor includes a welcoming reception area, several private offices, and a rear shop space with practical access for deliveries or equipment handling. An internal staircase connects to a 710 sq. ft. mezzanine, which provides additional flexible space for offices, meeting rooms, or storage, along with a second washroom. Built with adaptability in mind, the unit caters to a variety of business types, from trades and logistics to light manufacturing and professional services. Located in a growing commercial hub with strong access, on-site parking, and quality construction, Suite A presents an excellent opportunity to secure a purpose-built space ahead of completion (id:56688)
Property Details
Listing ID: 28916209
Address: Parcel AA Kenmount Road Unit#Suite A, Paradise, Newfoundland & Labrador, Canada A1L1H6
Status: Active
Last updated: 2 months ago ( Nov 24, 2025 )
Property Type: Retail
Structure Type: Other
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Heating: Electric
Flooring: Laminate, Wood, Mixed Flooring
Living Area Total: 4,500 square feet
Price per sq ft: $189
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
Cooling: Air exchanger
Common Interest: Freehold
Business Type: Industrial, Other, Retail and Wholesale
Building Features: Air Conditioning
Number of photos available: 1
Rurl
Coordinates: [47.524248, -52.854017]
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 | $4,950 | $59,400 |
| Gross rental income (income/principal ratio) | 0.582% | 6.988% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $1,063 | $12,756 |
| Vacancy | $248 | $2,970 |
| Management Fee | $396 | $4,752 |
| Expense / Income Ratio | 21.47% | 21.47% |
| Cash Flow | $3,244 | $38,928 |
| Net Operating Income (NOI) | $3,244 | $38,928 |
| Capitalization Rate | 0.38% | 4.58% |
