For sale · MLS® 1304438
325 Curling Street
Corner Brook, NL, A2H3J8
List price
$324,000
About this propertyMLS® 1304438
An excellent opportunity to own a well known commercial property in the Curling area of Corner Brook! Formerly known as Foxes General Store and previously Taylor's Store, this property has a long history of serving the local community. Situated in a high traffic location, the building offers approximately 2,367 square feet across two levels on a 108 x 56 lot, with convenient parking available. The main level was previously operated as a general store and offers a spacious commercial area with plenty of potential for a variety of business ventures. The layout provides an opportunity to establish a convenience store, retail operation, office space or another business suited to the location. With its history as a neighbourhood store and good visibility, this property presents an opportunity for someone looking to bring new life to a familiar local landmark. The second level features a three bedroom residential apartment with comfortable living accommodations and a private deck, offering a place to relax and enjoy the outdoors. The property includes three bathrooms throughout and offers the flexibility to live above your business or explore the potential for residential rental income. Originally constructed around 1964, the building features municipal water and sewer services, electric heating and a heat pump. Located in an established neighbourhood with water views in the surrounding area, this property combines commercial potential with the added benefit of residential accommodations. This sale includes the land and building only. No business, inventory or equipment is included. Whether you're looking to establish a new business, invest in a property with rental potential or repurpose an established commercial space, 325 Curling Street offers a range of possibilities! (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
32 m above sea level
Air quality now
AQHI 1 · Low risk
Corner Brook station · updated 2:00 a.m.
Property tax
$2,769 / year
≈ $231 / month · assessment year 2026
Climate
Feb -3° · Jul 22°
normal daily high · CORNER BROOK station · 1991–2020
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
$231/mo
Principal & interest $0 + property tax $231 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-404
NOI / month
$-404
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $231 | $2,769 |
| Expenses | $174 | $2,088 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-404 | $-4,848 |
| NOI | $-404 | $-4,848 |
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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