About this propertyMLS® 1299242
Prime Commercial Opportunity – Downtown Channel-Port aux Basques. Now available: a prime commercial property located in the heart of downtown Channel-Port aux Basques. This one-story wood-frame commercial building features 3957 sq. ft of space on the main floor, and approximately 2,799 sq. ft. of basement space, offering exceptional potential for investors, entrepreneurs, and business owners alike. Whether you're considering a renovation, conversion to storage facilities, retail space, income-producing units, or creating your dream business location, this versatile property provides a solid foundation for your vision. The lot measures approximately 5,236 sq. ft. and is slightly irregular in shape, with 69.65 feet of street frontage and convenient on-street parking. The site slopes gently toward the rear, where a laneway along the harbour front provides access to the back of the building. This area offers ample parking for employees and customers, as well as a rear loading bay for efficient deliveries and operations. A longstanding commercial landmark in the downtown core, this property presents a rare opportunity to revitalize a well-known location and unlock its full potential. (id:56688)
Specifications
Property details
Room by room
Rooms
The neighbourhood
Channel-Port aux Basques at a glance
Live market stats for Channel-Port aux Basques — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
18
Median list price
$177k
Price range
$16k – $390k
Typical build
1969
Average size
1,681 sqft
Where Channel-Port aux Basques listings are priced
Every active list price in Channel-Port aux Basques, grouped into bands.
List price, thousands of $ · 18 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 13 |
| 200–300 | 3 |
| 300–400 | 2 |
How Channel-Port aux Basques compares
Median list price against the next biggest markets — click a row for that area guide.
Channel-Port aux Basquesnearby markets
The essentials
Location, air, flood & taxes
Elevation
5 m above sea level
Property tax
$1,801 / year
≈ $150 / month
Nearby & drive routes
4 places shown · OpenStreetMap · OSRM
Schools 1
Groceries 1
Parks 2
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
$151/mo
Principal & interest $0 + property tax $151 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-150
NOI / month
$-150
Cap rate
-1.03%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $151 | $1,801 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-150 | $-1,800 |
| NOI | $-150 | $-1,800 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
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Talk to Haris
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- Call or text416-873-4676
- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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