For sale · MLS® 1303932
21 Veterans Way
Placentia, NL, A0B2Y0
List price
$219,900
About this propertyMLS® 1303932
Turn your business idea into reality at 21 Veterans Way in Placentia. Built in 2015, this versatile 3,200 sq. ft. commercial property offers the space, flexibility, and affordability to launch a new venture, expand an established operation, or create multiple sources of income. Previously configured for two separate businesses and equipped with two electrical meters, the building could accommodate two tenants or allow an owner to operate from one section while leasing the other. Imagine the possibilities: a retail shop or showroom, professional offices, salon or wellness studio, fitness facility, café or food-service concept, creative workspace, training centre, daycare, automotive or trades-based business, storage operation, or a combination of complementary businesses—all subject to applicable municipal approvals. The property features storefront exposure, indoor parking, a public washroom, year-round road access, and ample room to adapt the interior to suit your vision. An additional approved lot adds even more value and potential for expanded parking, outdoor display or work areas, storage, or future development. Located in Placentia, a regional service centre for the surrounding communities and the Argentia area, this property presents an exciting opportunity for an entrepreneur, investor, or business owner ready to build something of their own. Whether you envision one thriving operation or a multi-tenant commercial investment, 21 Veterans Way provides an excellent foundation. Schedule your private viewing and start imagining what your business could become. (id:56688)
Specifications
Property details
Room by room
Rooms
The neighbourhood
Placentia at a glance
Live market stats for Placentia — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
32
Median list price
$110k
Price range
$30k – $1.3M
Typical build
1980
Average size
3,159 sqft
Where Placentia listings are priced
Every active list price in Placentia, grouped into bands.
List price, thousands of $ · 32 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 21 |
| 200–300 | 6 |
| 300–400 | 1 |
| 400–500 | 2 |
| 750–1M | 1 |
| 1M+ | 1 |
How Placentia compares
Median list price against the next biggest markets — click a row for that area guide.
The essentials
Location, air, flood & taxes
Elevation
3 m above sea level
Air quality now
AQHI 1.88 · Low risk
St. John's station · updated 3:00 a.m.
Property tax
$1,200 / year
≈ $100 / month
Nearby & drive routes
15 places shown · OpenStreetMap · OSRM
Schools 2
Groceries 2
Parks 11
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
$100/mo
Principal & interest $0 + property tax $100 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-275
NOI / month
$-275
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $100 | $1,200 |
| Expenses | $175 | $2,100 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-275 | $-3,300 |
| NOI | $-275 | $-3,300 |
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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