About this propertyMLS® 1293109
Check out this amazing opportunity to acquire your very own business in Beautiful Bridgeport, NL. This is a thriving business with a 30 year success story serving several locations on New World Island from Twillingate to Summerford and all points in between. This grocery store is jam packed with everything you need from grocery to hardware. It includes a deli section, a frozen section, a beverage section, hardware, automotive, produce, fruit, veggies, baked goods, greeting cards, footwear, clothing, medicine, lotto tickets, a stockroom and much more. It's a one stop shop. Built in 2007, this 1950 SFT building is practically new with two 18,000 BTU Heat pumps installed in 2022. It also includes large coolers and freezers. It's wheel chair accessible and it's just a few feet away from a beautiful view of the pond. Property tax is just 400 per year!!! Don't miss out on a glorious opportunity to own a turn key operation. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
17 m above sea level
Air quality now
AQHI 2.09 · Low risk
Grand Falls - Windsor station · updated 2:00 a.m.
Property tax
$400 / year
≈ $33 / month
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
$34/mo
Principal & interest $0 + property tax $34 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-348
NOI / month
$-348
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $34 | $400 |
| Expenses | $315 | $3,780 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-348 | $-4,176 |
| NOI | $-348 | $-4,176 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
Have a question?
Send a message and Haris will get back to you — usually the same day.
Talk to Haris
A real person, every time
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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