For sale · MLS® 1302075
106 Iceberg Arena Road
Fogo, NL, A0G2B0
List price
$299,900
About this propertyMLS® 1302075
Welcome to 106 Iceberg Arena Road a commercial opportunity in the heart of Fogo Island. Currently operating as a successful pharmacy, this versatile property offers endless possibilities for a wide range of business ventures, making it an opportunities for entrepreneurs, owner-operators, or those looking to expand their commercial portfolio. Featuring a spacious and welcoming storefront area, complemented by several private office spaces, a bathroom, and a convenient kitchen area, providing a functional layout suited to retail, professional services, healthcare, or administrative use. The building is wheelchair accessible, ensuring ease of access for customers and staff alike. Adding to the property's appeal is a large attached warehouse offering substantial storage capacity. Complete with garage door access, this space is ideal for inventory management, shipping and receiving, equipment storage, or light industrial use. Situated with off-street parking, the property provides convenience for both customers and employees. There is plenty of potential to transform the space to suit a new vision, this well-maintained commercial building offers the flexibility, accessibility, and location to support a variety of business opportunities on beautiful Fogo Island. (id:56688)
Specifications
Property details
Room by room
Rooms
The neighbourhood
Fogo at a glance
Live market stats for Fogo — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
2
Median list price
$199k
Price range
$99k – $300k
Average size
3,880 sqft
Where Fogo listings are priced
Every active list price in Fogo, grouped into bands.
List price, thousands of $ · 2 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 1 |
| 200–300 | 1 |
How Fogo compares
Median list price against the next biggest markets — click a row for that area guide.
The essentials
Location, air, flood & taxes
Elevation
11 m above sea level
Property tax
$1,085 / year
≈ $90 / month
Nearby & drive routes
4 places shown · OpenStreetMap · OSRM
Schools 3
Parks 1
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
$91/mo
Principal & interest $0 + property tax $91 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-374
NOI / month
$-374
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $91 | $1,085 |
| Expenses | $284 | $3,408 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-374 | $-4,488 |
| NOI | $-374 | $-4,488 |
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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