About this propertyMLS® 1298476
Centrally located in the Town of Bishop's Falls is this over 15000 sqft warehouse building currently being utilized as a successful Storage facility(Central Storage) . This building is situated in the heart of central Newfoundland and has great potential future business. With 2 large sections of the building measuring approximately 80x100 and 60x120 this all on one level slab on grade steel structure could work great for any manufacturing business. This building currently has 7 storage units that are all currently rented and one unfinished unit. This property also has a 600AMP electrical service. As an added bonus this sale will include an additional parcel of vacant land measuring 0.121 ACRES that would work great for any future development. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
18 m above sea level
Air quality now
AQHI 2.09 · Low risk
Grand Falls - Windsor station · updated 2:00 a.m.
Climate
Jan -3° · Jul 23°
normal daily high · WOODDALE BISHOP'S FALLS station · 1991–2020
Nearby & drive routes
4 places shown · OpenStreetMap · OSRM
Schools 2
Cafés 1
Parks 1
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Mortgage & investment calculator
Estimated monthly payment
$0/mo
Principal & interest $0 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-624
NOI / month
$-624
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $0 | $0 |
| Expenses | $624 | $7,488 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-624 | $-7,488 |
| NOI | $-624 | $-7,488 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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