About this propertyMLS® 1296060
The only commercial/residential property for sale on the TCH between St. John's and Whitbourne. A terrific business opportunity for food franchise, RV park, convenience store/take-out, storage units... High visual exposure on the TCH. A ready-to-use building with an acre of treed land (pond frontage and/or extra land negotiable). An excellent, one-of-a-kind location just 30 minutes outside city limits. Artesian well and septic tank. Large frontal shop/retail area (wooden floors and ceiling), 3 BRs, 2 baths, Living room and kitchen, a large usable attic and a large basement with garage door. Almost 700 feet pond frontage. Great potential for many commercial ideas or for use as a cottage. 6.8 acres total. (id:56688)
Specifications
Property details
Room by room
Rooms
| Main level | Bedroom Bedroom Primary Bedroom Dining room Kitchen Living room | 10 x 12 11 x 12 12 x 14 10 x 12 12 x 14 14 x 16 |
The essentials
Location, air, flood & taxes
Elevation
121 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Nearby & drive routes
0 places shown · 3 routes · OpenStreetMap · OSRM
- 51 min to downtown St. John's65 km
- 50 min to Memorial University63.7 km
- 55 min to Avalon Mall70.5 km
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Calculators & neighbourhood
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Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$0/mo
Principal & interest $0 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-875
NOI / month
$-875
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $0 | $0 |
| Expenses | $875 | $10,500 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-875 | $-10,500 |
| NOI | $-875 | $-10,500 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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- Call or text416-873-4676
- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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