For sale · MLS® 1299122
2 Wharf Road
Port aux Basques, NL, A0M1C0
List price
$3,499,900
About this propertyMLS® 1299122
Strategically located at the principal gateway to Newfoundland and Labrador, this property is fully equipped for heavy industrial, marine, and commercial operations. With specialized infrastructure, deep-water access, and large-scale building capacity, it is ideal for offshore, fabrication, shipping, or port-related industries. Property Features: Building Space: 50,000 SF total • 30,000 SF with 100' ceiling height • 20,000 SF with 50' ceiling height • 4,000 SF of integrated office space Cranes: • One 135-ton overhead crane • Two 50-ton overhead cranes Ocean Access: • 80' x 80' mega door with 1,500 SF direct ocean access Site Area: 17 acres Wharf & Marine Capacity: • 18' water depth (expandable to 25'–30') • 80’ x 30’ reinforced concrete wharf desk (10T/m² deck capacity) • 2 x 50T MSB50 bollards on wharf, 4 x 50T MSB50 bollards on quayside • 4,500 m² graded travel path from facility to wharf • Water and shore power available Potential partnerships and/or incentives on municipal and provincial government levels may be available (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
8 m above sea level
Nearby & drive routes
2 places shown · OpenStreetMap · OSRM
Groceries 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
$-4,375
NOI / month
$-4,375
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $0 | $0 |
| Expenses | $4,375 | $52,500 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-4,375 | $-52,500 |
| NOI | $-4,375 | $-52,500 |
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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