For sale · MLS® 1304473
6-12 Conception Bay Highway
Clarkes Beach, NL, A0A1W0
List price
$549,900
About this propertyMLS® 1304473
Excellent opportunity to own a waterfront commercial property in a high-visibility location along the Conception Bay Highway in Clarke’s Beach. The 5,780 sq. ft. building features four self-contained commercial units generating over $55,000 in annual rental income. Each unit has its own electrical system, Town water service, and ductless mini-split system. Recent upgrades include a re-sheeted roof with torch-on roofing and new interior LED lighting. Situated on a 20,400 sq. ft. parcel with approximately 283 feet of highway frontage and 300 feet of beach frontage, this property offers an attractive combination of income potential, exposure, and waterfront appeal. Ideal for investors or business owners looking for a versatile commercial property with plenty of future potential. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
0 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$915 / year
≈ $76 / month · assessment year 2026
Nearby & drive routes
0 places shown · 3 routes · OpenStreetMap · OSRM
- 68 min to downtown St. John's83.1 km
- 67 min to Memorial University81.9 km
- 72 min to Avalon Mall88.6 km
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Estimated monthly payment
$77/mo
Principal & interest $0 + property tax $77 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-687
NOI / month
$-687
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $77 | $915 |
| Expenses | $611 | $7,332 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-687 | $-8,244 |
| NOI | $-687 | $-8,244 |
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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