For sale · MLS® 1299571
27-29 Conception Bay Highway
Clarkes Beach, NL, A0A1W0
List price
$249,000
About this propertyMLS® 1299571
Beautifully renovated 1 bedroom living space combined with your own business front creates the perfect opportunity to start your own business with the ocean view across the street and a pond at the edge of your garden in Clarkes Beach. Join the many successful businesses located nearby to secure your position in a fast growing community just 45 minutes from St. John's. This unique commercial property offers excellent visibility along busy Conception Bay Highway and presents a great opportunity for entrepreneurs, investors, or anyone seeking a live/work lifestyle. The main level features a storefront commercial space currently operating as “My Friends Closet,” a boutique offering gently used, previously owned clothing and various items. Existing inventory may be available for inclusion offering potential for a turn-key retail opportunity. Above the commercial space is a beautifully upgraded 450sqft apartment with modern finishes that features 1 spacious bedroom (11.5 x 9.10),1 full bathroom(5.0 x 11.4),open living area(7.7 x 14.6),upgraded kitchen with dining nook/electric fireplace & stainless steel appliances(10.0 x 14.6). The living space has not been occupied since the improvements offering a fresh, clean & move-in ready making it ideal for an owner-occupier, staff accommodation, or rental income opportunity. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
23 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$520 / year
≈ $43 / month
Nearby & drive routes
8 places shown · 3 routes · OpenStreetMap · OSRM
- 71 min to downtown St. John's90.8 km
- 70 min to Memorial University89.6 km
- 75 min to Avalon Mall96.3 km
Schools 3
Groceries 2
Cafés 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
$44/mo
Principal & interest $0 + property tax $44 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-43
NOI / month
$-43
Cap rate
-0.21%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $44 | $520 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-43 | $-516 |
| NOI | $-43 | $-516 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
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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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