About this propertyMLS® 1298730
Prime commercial development parcel located on Thomas Byrne Drive in one of Mount Pearl’s fastest-growing areas. Offering approximately 27,670 sq. ft. (2,570.7 m²) with direct road access, this property is ideally suited for a variety of commercial, office, retail, service, or mixed-use developments, subject to municipal approvals. The site has been previously conceptualized for a commercial building of approximately 5,015 sq. ft., while maintaining ample space for parking and site improvements. Positioned in a highly accessible location surrounded by established residential neighborhoods and commercial activity, this property offers excellent visibility and development potential. An added opportunity exists to purchase the adjoining frontage parcels on Topsail Road, creating a combined land assembly of approximately 52,474 sq. ft. with valuable access and exposure from both Thomas Byrne Drive and Topsail Road. This rare dual-access configuration provides enhanced flexibility for larger-scale commercial development projects. A fantastic opportunity for developers, investors, and business owners seeking a strategic commercial location in a high-demand growth corridor. Purchasers are advised to verify zoning and development requirements with the City of Mount Pearl. (id:56688)
Property details
Coordinates: [47.529006, -52.824967]
Rooms
Basic Calculator
First Mortgage: $520,000
Mortgage insurance premium: $0
Total Financing: $520,000
Rough closing fee (1.5%): ~ $9,750
Total downpayment with estimated closing fee: $139,750
Investment Calculator:
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| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
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| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | NaN% | NaN% |
| Cash Flow | $0 | $0 |
| Net Operating Income (NOI) | $0 | $0 |
| Capitalization Rate | 0.00% | 0.00% |
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