About this propertyMLS® 1303988
Great business opportunity. Operated as a successful florist shop and nursery for many decades. Serving the Conception Bay North area; Brookside was the place to go for all your floral needs. The owner is now looking forward to retirement. The property has a 1380 sq ft store front with point of sale counters and all shelving and displays remaining in place. There's an on site 3840 sq ft green house. Property is ideal for a number of businesses including retail sales, cabinet making, manufacturing or other ventures. Powell Drive is a high traffic area ensuring high visibility for any type of business or service. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
18 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Nearby & drive routes
11 places shown · 3 routes · OpenStreetMap · OSRM
- 84 min to downtown St. John's108.7 km
- 83 min to Memorial University107.5 km
- 88 min to Avalon Mall114.2 km
Schools 2
Health 1
Groceries 4
Cafés 4
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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
$-313
NOI / month
$-313
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $0 | $0 |
| Expenses | $313 | $3,756 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-313 | $-3,756 |
| NOI | $-313 | $-3,756 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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