For sale · MLS® 1295161
56-58 West Street
Stephenville, NL, A2N1E2
List price
$649,000
About this propertyMLS® 1295161
Prime commercial investment opportunity located in the heart of Stephenville. This well-situated multi-unit commercial building offers excellent visibility and high traffic exposure, making it an ideal location for a variety of businesses. The property features potential multiple commercial units with flexible layouts that can easily accommodate three or more tenants, providing a strong potential for steady rental income. Each unit offers its own entrance and ample interior space suitable for retail, office, or service-based businesses. Positioned along a busy commercial corridor, the building benefits from great street frontage, convenient access, and nearby amenities. The surrounding area is home to restaurants, shops, and professional offices, ensuring consistent customer traffic throughout the day. This property presents an excellent opportunity for investors or entrepreneurs looking to establish a multi-tenant commercial property in a growing community on the west coast of Newfoundland and Labrador. Whether you plan to operate your own business while leasing additional units or develop a fully income-producing property, this building offers flexibility, location, and long-term potential. HST Applicable (id:56688)
Specifications
Property details
Room by room
Rooms
The neighbourhood
Stephenville at a glance
Live market stats for Stephenville — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
91
Median list price
$265k
Price range
$45k – $5.5M
Typical build
1975
Average size
4,882 sqft
Where Stephenville listings are priced
Every active list price in Stephenville, grouped into bands.
List price, thousands of $ · 91 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 38 |
| 200–300 | 15 |
| 300–400 | 15 |
| 400–500 | 6 |
| 500–750 | 12 |
| 750–1M | 2 |
| 1M+ | 3 |
How Stephenville compares
Median list price against the next biggest markets — click a row for that area guide.
Stephenvillenearby markets
The essentials
Location, air, flood & taxes
Elevation
6 m above sea level
Air quality now
AQHI 1 · Low risk
Corner Brook station · updated 2:00 a.m.
Property tax
$2,050 / year
≈ $171 / month · assessment year 2026
Climate
Feb -3° · Aug 21°
normal daily high · STEPHENVILLE A station · 1991–2020
Nearby & drive routes
22 places shown · OpenStreetMap · OSRM
Schools 13
Groceries 3
Cafés 1
Parks 5
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
$171/mo
Principal & interest $0 + property tax $171 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-811
NOI / month
$-811
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $171 | $2,050 |
| Expenses | $641 | $7,692 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-811 | $-9,732 |
| NOI | $-811 | $-9,732 |
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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