For sale · MLS® 1304608
1-17 Plant Road
Twillingate, NL, A0G1Y0
List price
$699,000
About this propertyMLS® 1304608
Welcome to the heart of Twillingate, where we present to you an extraordinary opportunity to own a piece of prime waterfront real estate boasting approximately 600 feet of frontage. Previously used as a thriving fish plant, this expansive approximately 41,000 square foot commercial property awaits its next visionary. Property comes equipped with a powerful electrical infrastructure. With a 2000 amp, 600 W, 3-phase service, it can effortlessly cater to the needs of high-powered commercial operations. Breathtaking views of the sparkling waterfront greet you as you step into this expansive space, setting the stage for a myriad of possibilities. Whether you are dreaming of revitalizing its roots in the fishing industry, envisioning a bustling retail center, or a unique waterfront hospitality venue, this property is the canvas for your entrepreneurial masterpiece. Step inside the vast interiors, and you'll discover an abundance of office space, offering the flexibility to accommodate a variety of business models. The extensive floor space and ample storage areas provide the capacity to handle high volumes of inventory or equipment, or to create a dynamic, open-plan working environment. But the true potential of this property lies in its location and the endless opportunities it presents. Situated right in the heart of Twillingate's bustling waterfront, it offers a high-visibility location with significant foot and marine traffic. Imagine the possibilities - a waterfront restaurant, a bustling retail center, a unique event space, or a state-of-the-art marine-related business. Let your vision shape the future of this space. Join us for a walk-through today and start dreaming big. The horizon is wide open, and the possibilities are truly endless with this outstanding waterfront commercial property. Experience firsthand the potential that this waterfront property holds and let your imagination paint the picture of what it could become. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
13 m above sea level
Air quality now
AQHI 2.09 · Low risk
Grand Falls - Windsor station · updated 2:00 a.m.
Property tax
$27,000 / year
≈ $2,250 / month
Nearby & drive routes
4 places shown · OpenStreetMap · OSRM
Health 1
Groceries 2
Cafés 1
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Calculators & neighbourhood
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Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$2,250/mo
Principal & interest $0 + property tax $2,250 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-2,250
NOI / month
$-2,250
Cap rate
-3.86%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $2,250 | $27,000 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-2,250 | $-27,000 |
| NOI | $-2,250 | $-27,000 |
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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