For sale · MLS® 1283291
71-75 North Street
St. Anthony, NL, A0K4S0
List price
$649,500
About this propertyMLS® 1283291
Here's an excellent business opportunity for someone to continue with a long-standing, well established business located in St. Anthony on the Great Northern Peninsula, Scott's Auto Body & Repair. Situated at the entrance to the town, the 3, 608 sq ft building is situated on a 12,734 sq ft lot. The buildingcontains a full garage and auto body repair shop plus an office, reception, bathroom and storage areas. Scott's is also a certified Rust Check Center, as well. There's also a 54 X 8 storage unit for tractor trailers. The building has a concrete slab on grade foundation. Constructed in 1986, there have been upgrades and additions carried out in 1994, 2004, 2008 and 2019. A new certified oil tank was just installed (April 2025). The owners have conducted a successful business for almost 40 years with positive prospects for a new owner. NOTE that HST would be applicable. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
39 m above sea level
Property tax
$1,245 / year
≈ $104 / month · assessment year 2024
Nearby & drive routes
5 places shown · OpenStreetMap · OSRM
Schools 1
Groceries 2
Cafés 1
Parks 1
Plan ahead
Calculators & neighbourhood
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Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$104/mo
Principal & interest $0 + property tax $104 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-811
NOI / month
$-811
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $104 | $1,245 |
| Expenses | $708 | $8,496 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-811 | $-9,732 |
| NOI | $-811 | $-9,732 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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Keller Williams Platinum Realty
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