1147 Topsail Road
Mount Pearl, NL, A1N5G2
$1,699,900
About the property (MLS: 1293086):
First time offered for sale! This commercial property is located in a high visibility area and offers a mix of office, light retail, service and warehouse space. The main floor offers 4 suites plus a attached larger suite which also has a downstairs area for warehousing, garage etc. TRhe basement has a large warehouse with 10ft ceilings and 3 loading docks. All currently leased with the exception of one office suite which is currently being offered under separate MLS listing for lease. The building is accessible with auto doors and accessible common washrooms. Also, it is in a good state of repair with electric heat, forced air (electric) in the warehouse and mini-splits. Paved frontage and parking on Topsail Road with more gravel parking at rear. (id:56688)
Property Details
Listing ID: 29159889
Address: 1147 Topsail Road, Mount Pearl, Newfoundland & Labrador, Canada A1N5G2
Status: Active
Last updated: 2 months ago ( Dec 3, 2025 )
Year Built: 1975
Property Type: Retail
Structure Type: Commercial Mix
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Heating: Forced air, Electric, Mini-Split
Flooring: Mixed Flooring
Living Area Total: 13,219 square feet
Price per sq ft: $129
Tax Annual Amount: $14,116
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Heating: Forced air, Electric, Mini-Split
Flooring: Mixed Flooring
Common Interest: Freehold
Business Type: Other
Number of photos available: 6
Rurl
Coordinates: [47.526933, -52.821415]
Rooms
Basic Calculator
First Mortgage: $1,359,920
Mortgage insurance premium: $0
Total Financing: $1,359,920
Rough closing fee (1.5%): ~ $25,499
Total downpayment with estimated closing fee: $365,479
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $14,541 | $174,492 |
| Gross rental income (income/principal ratio) | 0.855% | 10.265% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $2,125 | $25,500 |
| Vacancy | $728 | $8,725 |
| Management Fee | $1,164 | $13,960 |
| Expense / Income Ratio | 14.61% | 14.61% |
| Cash Flow | $10,526 | $126,312 |
| Net Operating Income (NOI) | $10,526 | $126,312 |
| Capitalization Rate | 0.62% | 7.43% |
