For sale · MLS® 1298346
107-115 McGettigan Boulevard
Marystown, NL, A0E2M0
List price
$1,100,000
About this propertyMLS® 1298346
Discover an exceptional opportunity to own a well-established commercial property located on the bustling McGettigan Blvd, one of the main thoroughfares of Marystown. This strategically positioned site benefits from high visibility and heavy foot traffic, making it an ideal destination for businesses looking to thrive in a vibrant community. Home to a very popular Chinese restaurant that has built a loyal customer base and thriving reputation in the area. This restaurant is known for its authentic cuisine, warm atmosphere, and excellent service. Situated on a busy street, ensuring maximum exposure and easy access for both foot and vehicle traffic, attracting local diners and tourists alike. The property features multiple spacious dining areas, with seating for over 80 people, and is well-suited for a variety of food services or retail offerings. There is a paved parking lot, providing ample dedicated parking spaces for customers, enhancing convenience and accessibility for patrons. Located near other popular shops and services, providing a synergistic environment that encourages cross-traffic. This commercial property presents a rare and lucrative opportunity for entrepreneurs looking to capitalize on a successful business model or investors seeking to expand their portfolio in a thriving community. With its prime location and established clientele, the potential for growth and profitability is significant. There is a partial basement that offers additional storage, and has several sleeping quarters and a bathroom. This space could be developed into living quarters for the new owners or staff. Don’t miss your chance to own a piece of Marystown’s commercial landscape! (id:56688)
Specifications
Property details
Room by room
Rooms
The neighbourhood
Marystown at a glance
Live market stats for Marystown — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
30
Median list price
$196k
Price range
$40k – $1.1M
Typical build
1980
Average size
2,134 sqft
Where Marystown listings are priced
Every active list price in Marystown, grouped into bands.
List price, thousands of $ · 30 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 16 |
| 200–300 | 9 |
| 300–400 | 2 |
| 400–500 | 1 |
| 500–750 | 1 |
| 1M+ | 1 |
How Marystown compares
Median list price against the next biggest markets — click a row for that area guide.
The essentials
Location, air, flood & taxes
Elevation
22 m above sea level
Air quality now
AQHI 1.43 · Low risk
Burin station · updated 2:00 a.m.
Property tax
$8,000 / year
≈ $667 / month
Climate
Feb -1° · Aug 21°
normal daily high · WINTERLAND station · 1991–2020
Nearby & drive routes
9 places shown · OpenStreetMap · OSRM
Schools 5
Groceries 1
Cafés 1
Parks 2
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
$667/mo
Principal & interest $0 + property tax $667 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-666
NOI / month
$-666
Cap rate
-0.73%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $667 | $8,000 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-666 | $-7,992 |
| NOI | $-666 | $-7,992 |
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
Your details go straight to Haris — never shared, never spammed.