For sale · MLS® 1301294
78 Main Street
Twillingate, NL, A0G4M0
List price
$299,000
About this propertyMLS® 1301294
In the market for a turn key, fully licensed restaurant in the most tourist town? Well come check out 78 Main St., twillingate currently operating as D&T Restaurant its located in the heart of twillingate and is known for it's famous fish and chips! The restaurant is equipped with a front area with two bathrooms off the side one for employees and one for customers that's also wheelchair accessible. Commercial flooring is throughout the restaurant and the fully equipped kitchen has everything you will need including a grill. There is a seating area inside that was added on in 2011, with seating for 29 people and a patio with seating for 35 people making it great for eating outside on those sunny days while taking in the beautiful scenery. The restaurant has had many updates and upgrades which include new pavement outfront for parking, shingles 2025, front area remodeled in 2023, windows & patio door 2021, outside deck 2018 and the 200amp panel 2015. Come take over this well established business and make it into your dream career! (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
18 m above sea level
Air quality now
AQHI 2.09 · Low risk
Grand Falls - Windsor station · updated 2:00 a.m.
Property tax
$3,000 / year
≈ $250 / month · assessment year 2026
Nearby & drive routes
4 places shown · OpenStreetMap · OSRM
Health 1
Groceries 2
Cafés 1
Plan ahead
Calculators & neighbourhood
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Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$250/mo
Principal & interest $0 + property tax $250 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-250
NOI / month
$-250
Cap rate
-1.00%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $250 | $3,000 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-250 | $-3,000 |
| NOI | $-250 | $-3,000 |
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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