For sale · MLS® 1303069
2A Pinsent Drive
Grand Falls-Windsor, NL, A2A1C0
List price
$999,000
About this propertyMLS® 1303069
Have you been dreaming of starting your own restaurant or investing in a franchise but the thought of purchasing a building and buying all that kitchen equipment was so overwhelming. Well, don't miss out on the opportunity to walk in to an already established location. This first class turn key Restaurant is so fully equipped and is so ready to go. The location is one of the most high traffic , high visibility locations in Grand Falls-Windsor. It is along side likely the busiest Tim Hortons in Central. It is currently leased and operating as EAT which is a Canadian/Indian/International Cuisine. Prior to that it was operating as Grand Central Station restaurant, a full blown bakery, and a Don Cherry's Franchise. It has all the equipment to operate. It has 5 bathrooms in total, and 3 offices in the back of the building that is currently being leased as well. Some equipment includes: a convection oven, large cast iron oven with different layers,double grill with 2 ovens, warmers, heaters, several deep freezers, ice machines,proofers for rising bread, fryers, walk-in coolers,stand-up mixers,pastry maker,dough maker,display coolers etc,etc right down to the pots/pans and chafing dishes. The interior of the restaurant highlights beautiful murals and the atmosphere is so serene with its 2 propane fireplaces and pellet stove for those cozy winter nights. This is definitely a must see. It has enough equipment for 2 full-time restaurants and a bakery. This is fully functional with the most optimal location. (id:56688)
Specifications
Property details
Room by room
Rooms
The neighbourhood
Grand Falls-Windsor at a glance
Live market stats for Grand Falls-Windsor — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
75
Median list price
$254k
Price range
$27k – $1.5M
Typical build
1980
Average size
2,422 sqft
Where Grand Falls-Windsor listings are priced
Every active list price in Grand Falls-Windsor, grouped into bands.
List price, thousands of $ · 68 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 26 |
| 200–300 | 12 |
| 300–400 | 6 |
| 400–500 | 11 |
| 500–750 | 8 |
| 750–1M | 2 |
| 1M+ | 3 |
How Grand Falls-Windsor compares
Median list price against the next biggest markets — click a row for that area guide.
Grand Falls-Windsornearby markets
The essentials
Location, air, flood & taxes
Elevation
97 m above sea level
Air quality now
AQHI 2.09 · Low risk
Grand Falls - Windsor station · updated 2:00 a.m.
Property tax
$5,202 / year
≈ $434 / month
Climate
Jan -3° · Jul 23°
normal daily high · WOODDALE BISHOP'S FALLS station · 1991–2020
Nearby & drive routes
23 places shown · OpenStreetMap · OSRM
Schools 12
Health 1
Groceries 4
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
$434/mo
Principal & interest $0 + property tax $434 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-1,248
NOI / month
$-1,248
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $434 | $5,202 |
| Expenses | $815 | $9,780 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-1,248 | $-14,976 |
| NOI | $-1,248 | $-14,976 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
Have a question?
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- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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