For sale · MLS® 1304798
6 Smoke Alley Road
Port Rexton, NL, A0C2H0
List price
$169,900
About this propertyMLS® 1304798
POTENTIAL, POTENTIAL, POTENTIAL. An exciting opportunity in the heart of Trinity Bight! Centrally located on approximately 1.06 acres along busy Route 230, this versatile commercial property offers excellent visibility in one of Newfoundland’s popular tourism destinations. On the doorsteps of Trinity, Port Rexton and Bonavsita, this is a wonderful opportunity to develop business space, short and long term rentals, employee housing etc. With a history dating back to the 1950s, the property operated continuously as a hotel and bar/lounge until 2020 and offers plenty of possibilities for its next chapter. Recent renovations have transformed a portion of the former lounge into two residential apartments, including a one-bedroom and a two-bedroom unit, plus a third commercial unit that could be ideal for a hair salon, office, retail space, or other small business. Each of these three units has its own exterior entrance and new deck access. They are currently wired, partially plumbed, drywalled, and ready for paint, flooring, fixtures, and finishing touches. The two-storey portion of the building features six hotel rooms with ensuite bathrooms, along with a kitchen and dining area, new washrooms, and a separate bar area. Numerous upgrades have been completed in recent years, including flooring, wood siding, vinyl windows, shingles, upgraded insulation, an alarm system, water pump, wraparound deck, and some new lighting and fixtures. With plenty of parking, a good water supply, high-traffic exposure, and multiple potential income streams under one roof, this property is packed with possibilities. Complete the remaining finishing work and bring your vision to life in beautiful Trinity Bight! (id:56688)
Specifications
Property details
Room by room
Rooms
The neighbourhood
Port Rexton at a glance
Live market stats for Port Rexton — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
9
Median list price
$160k
Price range
$39k – $1.1M
Typical build
1980
Average size
1,884 sqft
Where Port Rexton listings are priced
Every active list price in Port Rexton, grouped into bands.
List price, thousands of $ · 9 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 7 |
| 200–300 | 1 |
| 1M+ | 1 |
How Port Rexton compares
Median list price against the next biggest markets — click a row for that area guide.
The essentials
Location, air, flood & taxes
Elevation
46 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$707 / year
≈ $59 / month
Nearby & drive routes
2 places shown · OpenStreetMap · OSRM
Groceries 1
Cafés 1
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
$59/mo
Principal & interest $0 + property tax $59 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-58
NOI / month
$-58
Cap rate
-0.41%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $59 | $707 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-58 | $-696 |
| NOI | $-58 | $-696 |
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
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- Call or text416-873-4676
- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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