209 Blackmarsh Road
St. Johns, NL, A1E1T1
$1,060,000
About the property (MLS: 1292848):
First time to market; Discover an impressive commercial opportunity in this beautifully designed 5,600+ sq. ft. office building, built in 2015 and meticulously maintained. With thoughtful layout, modern systems, and relevant parking capacity, this property is perfectly suited for a professional organization, or corporate headquarters. The main floor welcomes you with a bright lobby leading into a spacious reception area with an adjacent private office. This level also features a large boardroom, full office kitchen, two bathrooms, a cleaning/storage room, a porch with closet, and efficient flow throughout. Wide corridors and smart design make for a comfortable and professional environment. Upstairs, you’ll find another bathroom, two dedicated meeting rooms, and a substantial executive office. The second floor also offers six additional offices (five with exterior windows), plus two storage areas, including one conveniently located near the secondary exit. An elevator services both floors, with a rear second-floor exit for fire safety. Reach out today to explore this fantastic business opportunity ! (id:56688)
Property Details
Listing ID: 29131757
Address: 209 Blackmarsh Road, St. Johns, Newfoundland & Labrador, Canada A1E1T1
Status: Active
Last updated: 2 months ago ( Nov 24, 2025 )
Year Built: 2015
Property Type: Business
Structure Type: Other
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Heating: Heat Pump, Forced air
Flooring: Mixed Flooring
Living Area Total: 5,646 square feet
Price per sq ft: $188
Tax Annual Amount: $26,432
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Heating: Heat Pump, Forced air
Flooring: Mixed Flooring
Common Interest: Freehold
Business Type: Other, Service
Number of photos available: 40
Rurl
Coordinates: [47.545885, -52.739086]
Rooms
Basic Calculator
First Mortgage: $848,000
Mortgage insurance premium: $0
Total Financing: $848,000
Rough closing fee (1.5%): ~ $15,900
Total downpayment with estimated closing fee: $227,900
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $6,211 | $74,532 |
| Gross rental income (income/principal ratio) | 0.586% | 7.031% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $1,325 | $15,900 |
| Vacancy | $311 | $3,727 |
| Management Fee | $497 | $5,963 |
| Expense / Income Ratio | 21.33% | 21.33% |
| Cash Flow | $4,079 | $48,948 |
| Net Operating Income (NOI) | $4,079 | $48,948 |
| Capitalization Rate | 0.38% | 4.62% |
