3 Blackmarsh Road
St. John's, NL, A1E1S2
$500,000
About the property (MLS: 1291965):
Welcome to 3 Blackmarsh Road! A rare opportunity in a prime downtown location to purchase this long-standing, highly profitable business that’s a staple in the city. The main floor features a bright open-concept storefront, private offices, change rooms, washroom, and versatile back work areas. (id:56688)
Property Details
MLS: 1291965
Listing ID: 29029480
Address: 3 Blackmarsh Road, St. John's, Newfoundland & Labrador, Canada A1E1S2
Status: Active
Last updated: 20 days ago ( Oct 24, 2025 )
Property Type: Retail
Structure Type: Retail
Heating: Baseboard heaters, Electric, Mini-Split
Tax Annual Amount: $1,883
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Heating: Baseboard heaters, Electric, Mini-Split
Business Type: Retail and Wholesale
Number of photos available: 33
Rurl
Coordinates: [47.554018, -52.727555]
Listing ID: 29029480
Address: 3 Blackmarsh Road, St. John's, Newfoundland & Labrador, Canada A1E1S2
Status: Active
Last updated: 20 days ago ( Oct 24, 2025 )
Property Type: Retail
Structure Type: Retail
Heating: Baseboard heaters, Electric, Mini-Split
Tax Annual Amount: $1,883
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Heating: Baseboard heaters, Electric, Mini-Split
Business Type: Retail and Wholesale
Number of photos available: 33
Rurl
Coordinates: [47.554018, -52.727555]
Rooms
Basic Calculator
First Mortgage: $400,000
Mortgage insurance premium: $0
Total Financing: $400,000
Rough closing fee (1.5%): ~ $7,500
Total downpayment with estimated closing fee: $107,500
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | NaN% | NaN% |
| Cash Flow | $0 | $0 |
| Net Operating Income (NOI) | $0 | $0 |
| Capitalization Rate | 0.00% | 0.00% |
Capitalization Rate: 0.00%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $714,286
