For sale · MLS® 1297444
52 Main Street
Stephenville, NL, A2N1H8
List price
$249,000
About this propertyMLS® 1297444
Dreaming of owning your own business? This is your opportunity!! The Bar & Grill, located on busy Main Street in Stephenville, offers excellent visibility and a long-standing reputation as one of the town’s busiest establishments. Since 2014, the property has undergone extensive renovations, including the addition of an equipped kitchen to serve pub-style food. To get started simply add your own personal style and vision!! Upstairs, you’ll find a spacious vacant, fully furnished, 2-bedroom apartment complete with a spacious workout room. Whether you choose to live on-site while operating the business or rent the apartment for additional income, this added feature provides excellent flexibility and value. Pub style tables and chairs are included in the sale. HST applicable on purchase price. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
9 m above sea level
Air quality now
AQHI 1 · Low risk
Corner Brook station · updated 2:00 a.m.
Property tax
$1,409 / year
≈ $117 / month · assessment year 2026
Climate
Feb -3° · Aug 21°
normal daily high · STEPHENVILLE A station · 1991–2020
Nearby & drive routes
14 places shown · OpenStreetMap · OSRM
Schools 4
Groceries 4
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
$118/mo
Principal & interest $0 + property tax $118 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-311
NOI / month
$-311
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $118 | $1,409 |
| Expenses | $194 | $2,328 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-311 | $-3,732 |
| NOI | $-311 | $-3,732 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
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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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