About this propertyMLS® 1293223
Looking for a smart investment just 15 minutes from Gander? Welcome to a fantastic business opportunity in the peaceful community of Glenwood—perfectly positioned to serve both locals and the steady flow of outdoor enthusiasts who enjoy skidooing, quadding, salmon fishing, snowshoeing, and all the adventures Central Newfoundland offers. Located right on the rail bed, this property is a natural stop for riders year-round, making it a high-traffic hub for anyone needing fuel, coffee, snacks, or a quick break. Surrounded by popular cabin country, this business also benefits from a steady influx of cabin owners throughout every season—bringing in reliable, consistent revenue. This thriving convenience store is so much more than a typical stop. It features a state-of-the-art kitchen equipped for full food service and a fully outfitted bakery currently in operation. During the summer months, its well-loved ice cream service attracts visitors from Glenwood, Appleton, Gander, and surrounding communities. The property includes a gas bar, convenience store, and food service operation, offering multiple revenue streams and excellent potential for expansion. The original structure has been fully renovated over the years and remains exceptionally well maintained, with two modern extensions added between 2016–2018. It's a property you'll be proud to own. Whether you're planning a move to Newfoundland, seeking a retirement-friendly business, or looking to grow your current portfolio, this property offers the perfect blend of space, convenience, location, and year-round traffic. Stock the shelves, add your personal touch, and you’re ready to operate from day one. If you're searching for an opportunity with proven value, steady traffic, and room to grow—this is it. (id:56688)
Specifications
Property details
Room by room
Rooms
The neighbourhood
Glenwood at a glance
Live market stats for Glenwood — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
7
Median list price
$30k
Price range
$30k – $379k
Typical build
2013
Average size
1,445 sqft
Where Glenwood listings are priced
Every active list price in Glenwood, grouped into bands.
List price, thousands of $ · 7 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 6 |
| 300–400 | 1 |
How Glenwood compares
Median list price against the next biggest markets — click a row for that area guide.
The essentials
Location, air, flood & taxes
Elevation
31 m above sea level
Air quality now
AQHI 2.09 · Low risk
Grand Falls - Windsor station · updated 2:00 a.m.
Property tax
$1,501 / year
≈ $125 / month · assessment year 2025
Nearby & drive routes
3 places shown · OpenStreetMap · OSRM
Schools 2
Parks 1
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
$126/mo
Principal & interest $0 + property tax $126 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-473
NOI / month
$-473
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $126 | $1,501 |
| Expenses | $348 | $4,176 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-473 | $-5,676 |
| NOI | $-473 | $-5,676 |
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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