TelephoneEmail2 Old Industrial Road, Wabush, Newfoundland & Labrador, Canada A0R1B0

For sale · MLS® 1297165

2 Old Industrial Road

Wabush, NL, A0R1B0

location

List price

$1,900,000

2 Old Industrial Road Wabush Newfoundland & Labrador Canada A0R1B0, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Old Industrial Road Wabush Newfoundland & Labrador Canada A0R1B0, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Old Industrial Road Wabush Newfoundland & Labrador Canada A0R1B0, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Old Industrial Road Wabush Newfoundland & Labrador Canada A0R1B0, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
2 Old Industrial Road Wabush Newfoundland & Labrador Canada A0R1B0, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented by

Haris Barki
Haris Barki
REALTOR® · Keller Williams Platinum Realty

About this propertyMLS® 1297165

This commercial property offers both heated and unheated space. With a 600 Volt, 3 Phase electric system, it opens up to many more opportunities than basic storage! 4 loading doors for easy access, an office area and concrete floors give this property ease of use for the right company! (id:56688)

Specifications

Property details

MLS®1297165
Listing ID29847726
Address2 Old Industrial Road, Wabush, Newfoundland & Labrador, Canada A0R1B0
StatusActive
Last updated3 months ago ( Jul 31, 2026 )
Property TypeIndustrial
Structure TypeManufacturing
Number of stories1
HeatingElectric
FlooringConcrete Slab
Tax Annual Amount$6,610
Tax Year2026
RoofMetal, Unknown
Common InterestFreehold
Business TypeIndustrial
Number of photos available5

Room by room

Rooms

The essentials

Location, air, flood & taxes

Elevation

525 m above sea level

Air quality now

AQHI 1.72 · Low risk

Labrador City station · updated 1:00 a.m.

Property tax

$6,610 / year

≈ $551 / month · assessment year 2026

Climate

Jan -17° · Jul 19°

normal daily high · WABUSH LAKE A station · 1991–2020

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

$551/mo

Rate 5%Term 30 yrDown 20% ($380,000)Tax $551/mo

Principal & interest $0 + property tax $551 per month

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Financing breakdown

First mortgage$1,520,000
CMHC insurance premium$0
Total financing$1,520,000
Closing costs (est. 1.5%)$28,500
Cash to close(down payment + closing)$408,500
Total interest over term$-1,900,000
Property tax/mo$551
Yearly payments+ tax$6,610

Rental math

Investment calculator

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Monthly cash flow

$-550

NOI / month

$-550

Cap rate

-0.35%

Gross yield

0.00%

Line itemMonthlyYearly
Gross rent$0$0
Mortgage$0$0
Property tax$551$6,610
Expenses$0$0
Vacancy$0$0
Management$0$0
Cash flow$-550$-6,600
NOI$-550$-6,600
After-repair value (ARV)$2,714,286

Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.

Neighbourhood scores
Walk Score for 2 Old Industrial RoadBike Score for 2 Old Industrial RoadTransit Score for 2 Old Industrial Road
Explore Wabush on Walk Score

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.

Haris Barki, REALTOR®
Keller Williams Platinum Realty

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