For sale · MLS® 1304837
331 Memorial Drive
Clarenville, NL, A5A1L2
List price
$999,999
About this propertyMLS® 1304837
Located in the beautiful Town of Clarenville is this amazing business opportunity awaiting your special touch! The General Store & Creative World has been a staple in Clarenville for many years with everything from crafts, convince, hardware, gifts, and so much more. There are multiple buildings on the property including a house that is 30’x40’,Creative World that is 40’x70’, work shop 30’x40’ warehouse that is 70’x40’, General Store that measures 168’x40’ and attic storage 172’x20’ along with attic storage of 172’x20’, plus a 2-storey shed measuring at 24’x30’. This is 18,440 square feet of commercial space in the heart of Clarenville awaiting for your investment! Please Note: This property is Hst applicable, both business and land are being sold, and inventory along with fixtures to be negotiated at time of sale. (id:56688)
Specifications
Property details
Room by room
Rooms
The neighbourhood
Clarenville at a glance
Live market stats for Clarenville — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
58
Median list price
$246k
Price range
$29k – $1000k
Typical build
1991
Average size
2,266 sqft
Where Clarenville listings are priced
Every active list price in Clarenville, grouped into bands.
List price, thousands of $ · 53 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 22 |
| 200–300 | 10 |
| 300–400 | 11 |
| 400–500 | 5 |
| 500–750 | 1 |
| 750–1M | 4 |
How Clarenville compares
Median list price against the next biggest markets — click a row for that area guide.
The essentials
Location, air, flood & taxes
Elevation
7 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$5,242 / year
≈ $437 / month
Nearby & drive routes
20 places shown · OpenStreetMap · OSRM
Schools 4
Groceries 7
Cafés 3
Parks 6
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
$437/mo
Principal & interest $0 + property tax $437 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-436
NOI / month
$-436
Cap rate
-0.52%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $437 | $5,242 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-436 | $-5,232 |
| NOI | $-436 | $-5,232 |
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
A real person, every time
Buying, selling, or just curious about what your home is worth — no call centres, no runaround.
- Call or text416-873-4676
- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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