For sale · MLS® 1303893
99-101 Main Street
Stephenville, NL, A2N1H9
List price
$549,999
About this propertyMLS® 1303893
Wow!! What a great opportunity for someone wanting to run their own business right here in the center of town. The Hong Kong Restaurant has a large dining room and kitchen where they serve Chinese Food as well as Canadian Food with your choice of Beer, Liquor or soft drinks, etc. This is an ongoing business that you can step right in and take over servicing the current clientele. All the kitchen equipment, dishes and tools come with the business, as well as the dining room tables and chairs. There is Dine In, Take Out or Delivery available from this location. Need a place to live as well? Upstairs above the restaurant is a 4 bedroom apartment that you can live in or rent out to supplement your income. You can host private parties and gatherings or business meetings. The possibilities are endless with your own imagination and desire to create what ever you wish to do with the building. There is already storage rooms and public bathrooms in the lower level and a bathroom upstairs as well. The price is HST applicable because this is a commercial property. Please call for more information or your private viewing and get started making your dreams into a reality. (id:56688)
Specifications
Property details
Room by room
Rooms
The neighbourhood
Stephenville at a glance
Live market stats for Stephenville — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
91
Median list price
$265k
Price range
$45k – $5.5M
Typical build
1975
Average size
4,882 sqft
Where Stephenville listings are priced
Every active list price in Stephenville, grouped into bands.
List price, thousands of $ · 91 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 38 |
| 200–300 | 15 |
| 300–400 | 15 |
| 400–500 | 6 |
| 500–750 | 12 |
| 750–1M | 2 |
| 1M+ | 3 |
How Stephenville compares
Median list price against the next biggest markets — click a row for that area guide.
Stephenvillenearby markets
The essentials
Location, air, flood & taxes
Elevation
12 m above sea level
Air quality now
AQHI 1 · Low risk
Corner Brook station · updated 1:00 a.m.
Property tax
$2,438 / year
≈ $203 / month
Climate
Feb -3° · Aug 21°
normal daily high · STEPHENVILLE A station · 1991–2020
Nearby & drive routes
15 places shown · OpenStreetMap · OSRM
Schools 4
Groceries 5
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
$204/mo
Principal & interest $0 + property tax $204 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-203
NOI / month
$-203
Cap rate
-0.44%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $204 | $2,438 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-203 | $-2,436 |
| NOI | $-203 | $-2,436 |
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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