About this propertyMLS® 1302738
Welcome to White Bay Convenience - An exciting investment opportunity awaits! White Bay Convenience is ideally located along the Trans Canada Highway, next to Hampden Junction and approximately 30 minutes from Deer Lake. This established, multi-use business operates as a fully functioning restaurant, gas bar and convenience store. The 30x60 building features kitchen space/dining, two bathrooms, ample storage, dedicated office space, open convenience space and a generator shed. Perfectly positioned directly along the groomed snowmobile system, the business is a convenient stop for snowmobilers, hunters and ATV enthusiasts. This turnkey opportunity, with a backhoe included in the sale. Whether you're looking to expand your investment portfolio or operate your own business, White Bay Convenience offers plenty of potential and room for expansion. Call today for further details or to arrange a private viewing! (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
100 m above sea level
Air quality now
AQHI 2.09 · Low risk
Grand Falls - Windsor station · updated 2:00 a.m.
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Calculators & neighbourhood
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Mortgage & investment calculator
Estimated monthly payment
$0/mo
Principal & interest $0 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-650
NOI / month
$-650
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $0 | $0 |
| Expenses | $650 | $7,800 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-650 | $-7,800 |
| NOI | $-650 | $-7,800 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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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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