For sale · MLS® 1297394
28 Main Road
Lower Island Cove, NL, A0A2W0
List price
$224,900
About this propertyMLS® 1297394
Turn-Key Convenience Store & Gas Station , Land & Building Included Opportunity to own a well established convenience store with gas service in a welcoming rural Newfoundland community. This is a rare chance to step into a fully operational, turn-key business with land, building, and equipment all included ; no landlord, no lease, just full ownership. The store serves as a steady and reliable hub for the local area, with consistent year-round sales and a strong seasonal boost during the summer months. The business offers a solid foundation with opportunities for growth, whether through expanded product offerings, adjusted hours, or added services. This property is ideal for an owner-operator or couple seeking a lifestyle change, combining small-town living with the ability to earn an income from your own business. The surrounding area offers a peaceful pace of life, supportive community, and the satisfaction of running a business that truly serves its customers. Features include: • Land and building included in sale • Established convenience store with loyal customer base • Gas service already in place • Equipment included • Turn-key operation with immediate income potential • Strong summer traffic with consistent year-round business. Inventory to be calculated and paid for separately at closing. Whether you’re looking to be your own boss, relocate for a lifestyle change, or invest in a community-based business, this opportunity offers both stability and potential. A great opportunity to live and work in a close-knit Newfoundland community while building your own future. (id:56688)
Specifications
Property details
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The neighbourhood
Lower Island Cove at a glance
Live market stats for Lower Island Cove — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
3
Median list price
$180k
Price range
$155k – $225k
Typical build
1973
Average size
1,722 sqft
Where Lower Island Cove listings are priced
Every active list price in Lower Island Cove, grouped into bands.
List price, thousands of $ · 3 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 2 |
| 200–300 | 1 |
How Lower Island Cove compares
Median list price against the next biggest markets — click a row for that area guide.
Lower Island Covenearby markets
The essentials
Location, air, flood & taxes
Elevation
52 m above sea level
Air quality now
AQHI 1.88 · Low risk
St. John's station · updated 3:00 a.m.
Nearby & drive routes
0 places shown · 3 routes · OpenStreetMap · OSRM
No amenities mapped within 1.5 km of this address yet — OpenStreetMap coverage is thin outside the Avalon, so nearby shops and schools may not appear here.
- 128 min to downtown St. John's152.6 km
- 127 min to Memorial University151.4 km
- 132 min to Avalon Mall158.1 km
Nothing mapped within 1.5 km of this address.
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Calculators & neighbourhood
Estimate payments and returns, and check how walkable this address is — all in one place.
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Mortgage & investment calculator
Estimated monthly payment
$0/mo
Principal & interest $0 per month
Financing breakdown
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Investment calculator
Monthly cash flow
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NOI / month
$0
Cap rate
0.00%
Gross yield
0.00%
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| Vacancy | $0 | $0 |
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| Cash flow | $0 | $0 |
| NOI | $0 | $0 |
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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