For sale · MLS® 1294150
71 Tablelands Drive
Birchy Head, NL, A0K1K0
List price
$219,000
About this propertyMLS® 1294150
Prime Commercial Opportunity in the Heart of Gros Morne National Park! Looking to open a business in one of Newfoundland’s most picturesque locations? This is your chance! This spacious building, with a deep history as a general store since the 1950s, offers incredible potential. With approximately 2,500 sq. ft. per level and mixed zoning, you can create a business, a residence, or both—all under one roof! Previously, the upper level housed a restaurant, and the property is perfectly suited for a variety of ventures, including a larger general store, a restaurant, or even an Airbnb. The possibilities are endless! Recent Upgrades Include: •New windows and engineered siding (2021) •New doors (2021) •75% of the building features a new foundation •400-amp breaker panel (2009) •Shingles replaced (2008) Enjoy stunning views of Bonne Bay’s sparkling waters and the surrounding mountains. This property is only a 10-minute drive to Woody Point and the Discovery Centre, making it an ideal location for locals and tourists alike. Don’t miss out on this unique opportunity—call today for more details! (Sale price plus HST applies.) (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
11 m above sea level
Air quality now
AQHI 1 · Low risk
Corner Brook station · updated 2:00 a.m.
Property tax
$1,000 / year
≈ $83 / 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
$84/mo
Principal & interest $0 + property tax $84 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-273
NOI / month
$-273
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $84 | $1,000 |
| Expenses | $190 | $2,280 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-273 | $-3,276 |
| NOI | $-273 | $-3,276 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
Have a question?
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Talk to Haris
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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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