For sale · MLS® 1291272
352 Curling Street
Corner Brook, NL, A2H3K3
List price
$429,000
About this propertyMLS® 1291272
Exceptional Investment Opportunity – Multi-Unit Commercial Property with Major Income Potential! Attention investors and entrepreneurs! This versatile commercial property offers four fully rented legal units, each on separate meters and equipped with 100-amp—providing stable, consistent rental income from day one. But that’s not all—there’s also a bachelor unit currently vacant, sharing a panel with an adjacent storage space, offering the potential to add another income stream with minimal effort. In addition, the property boasts a 6,000 sq. ft. storage facility, currently leased by a family member operating a well-established and profitable car storage business. The current operator is open to collaborating with the buyer, allowing for a seamless transition or continued business partnership. Whether you're looking to grow your real estate portfolio or run a high-demand storage business, this property offers untapped revenue potential and flexible usage options. Don’t miss out on this unique chance to own a cash-flowing property with room to grow. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
38 m above sea level
Air quality now
AQHI 1 · Low risk
Corner Brook station · updated 2:00 a.m.
Property tax
$1,145 / year
≈ $95 / month · assessment year 2025
Climate
Feb -3° · Jul 22°
normal daily high · CORNER BROOK station · 1991–2020
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
$96/mo
Principal & interest $0 + property tax $96 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-95
NOI / month
$-95
Cap rate
-0.27%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $96 | $1,145 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-95 | $-1,140 |
| NOI | $-95 | $-1,140 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
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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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