For sale · MLS® 1300398
136-138 Main Street
Stephenville, NL, A2N1J3
List price
$699,000
About this propertyMLS® 1300398
Prime commercial opportunity in a highly visible downtown location with excellent exposure on both Main Street and Queen Street. This well-positioned building offers approximately 5,000 sq. ft. of total space, divided into two approximately 2,500 sq. ft. units. One side of the building is currently occupied by a tenant, providing immediate rental income, while the remaining space offers excellent potential for an owner-occupier or additional lease revenue. The property features attractive storefronts on both Main Street and Queen Street, maximizing visibility, foot traffic, and customer access. Recent updates include asphalt shingles replaced approximately 10 years ago and laminate flooring installed approximately 3 years ago, offering added value and reduced maintenance. Whether you're looking to expand your business, invest in a downtown income-producing property, or capitalize on a high-exposure commercial location, this versatile property presents an outstanding opportunity. HST is applicable on this transaction (id:56688)
Specifications
Property details
Room by room
Rooms
The neighbourhood
Stephenville at a glance
Live market stats for Stephenville — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
91
Median list price
$265k
Price range
$45k – $5.5M
Typical build
1975
Average size
4,882 sqft
Where Stephenville listings are priced
Every active list price in Stephenville, grouped into bands.
List price, thousands of $ · 91 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 38 |
| 200–300 | 15 |
| 300–400 | 15 |
| 400–500 | 6 |
| 500–750 | 12 |
| 750–1M | 2 |
| 1M+ | 3 |
How Stephenville compares
Median list price against the next biggest markets — click a row for that area guide.
Stephenvillenearby markets
The essentials
Location, air, flood & taxes
Elevation
11 m above sea level
Air quality now
AQHI 1 · Low risk
Corner Brook station · updated 12:00 a.m.
Property tax
$2,660 / year
≈ $222 / month
Climate
Feb -3° · Aug 21°
normal daily high · STEPHENVILLE A station · 1991–2020
Nearby & drive routes
16 places shown · OpenStreetMap · OSRM
Schools 5
Groceries 5
Cafés 1
Parks 5
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
$222/mo
Principal & interest $0 + property tax $222 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-873
NOI / month
$-873
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $222 | $2,660 |
| Expenses | $652 | $7,824 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-873 | $-10,476 |
| NOI | $-873 | $-10,476 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
Have a question?
Send a message and Haris will get back to you — usually the same day.
Talk to Haris
A real person, every time
Buying, selling, or just curious about what your home is worth — no call centres, no runaround.
- Call or text416-873-4676
- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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