Telephone Email1288 Topsail Road, Paradise, Newfoundland & Labrador, Canada A1L1N7

For sale · MLS® 1298526

1288 Topsail Road

Paradise, NL, A1L1N7

18,268 sqft

List price

$1,850,000

1288 Topsail Road Paradise Newfoundland & Labrador Canada A1L1N7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented by

Haris Barki

416-873-4676

haris@barki.co

REALTOR® · Keller Williams Platinum Realty

About this propertyMLS® 1298526

Position your business for success at this high-profile commercial property in one of Paradise's busiest and most visible location. Offering appropriately over 18000 sq.ft. of versatile commercial space, this property is ideally suited for retail, warehouse, distribution, service, or mixed business operations. Situated on heavily travelled Topsail Road, the property benefits from exceptional exposure, easy accessibility, and ample on-site parking. This is very flexible space and is a rare opportunity for investors, owner-operators, or businesses seeking room to grow. Great Opportunity for a owner occupier with retail / warehouse needs. Don't miss this opportunity to secure a prominent commercial property in one of the Northeast Avalon's fastest growing communities. (id:56688)

Property details

MLS®1298526

Listing ID29855448

Address1288 Topsail Road, Paradise, Newfoundland & Labrador, Canada A1L1N7

StatusActive

Last updated3 months ago ( Jul 31, 2026 )

Property TypeRetail

Structure TypeCommercial Mix

Ownership TypeFreehold

Number of stories1

Number of Levels1

HeatingElectric

FlooringLaminate, Carpeted, Mixed Flooring

Living Area Total18,268 square feet

Price per sq ft: $102

Tax Annual Amount$0

GarageNo

Attached GarageNo

CarportNo

Open ParkingNo

WaterfrontNo

PoolNo

RoofAsphalt shingle, Unknown

HeatingElectric

FlooringLaminate, Carpeted, Mixed Flooring

Common InterestFreehold

Business TypeIndustrial, Other, Retail and Wholesale

Building FeaturesRecreation Centre

Number of photos available36

Rurl
Coordinates: [47.533632, -52.838624]

Rooms

Basic Calculator

Principal Amount ($):

Annual Interest Rate (%):

Loan Term (Years):

Down Payment ($):

Percent Down (%):

First Mortgage: $1,480,000

Mortgage insurance premium: $0

Total Financing: $1,480,000

Rough closing fee (1.5%): ~ $27,750

Total downpayment with estimated closing fee: $397,750

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Investment Calculator:

Monthly Income (Initially estimated at $1.1 per sqft):

Monthly Expense (includes taxes, insurance, utilities, maintenance etc, excluding mortgage payment) (initally estimated at 1.5% per year of principal):

Vacancy Rate (%):

Management Fee (%):

Total cost of initial renovation ($):

	Monthly	Yearly
Gross Revenue	$20,095	$241,140
Gross rental income (income/principal ratio)	1.086%	13.035%
Mortgage	$0	$0
Monthly Expenses	$2,313	$27,756
Vacancy	$1,005	$12,057
Management Fee	$1,608	$19,292
Expense / Income Ratio	11.51%	11.51%
Cash Flow	$15,170	$182,040
Net Operating Income (NOI)	$15,170	$182,040
Capitalization Rate	0.82%	9.84%

Capitalization Rate: 9.84%

After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $2,642,858

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