For sale · MLS® 1304914
33 W Broadway OTHER
Corner Brook, NL, A2H4C5
List price
$799,000
About this propertyMLS® 1304914
Well-positioned mixed-use property on Corner Brook’s busy Broadway corridor. The ground floor offers a turnkey restaurant and bar with excellent street exposure, a full-service bar, a commercial kitchen, and a dedicated take-out window to support dine-in and online ordering. High pedestrian and vehicle traffic help keep the business consistently visible. The second floor provides flexible space for events, live entertainment, or expansion, while three self-contained residential apartments above deliver steady rental income with separate entrances and utilities. An ideal opportunity for an owner-operator or investor seeking a centrally located property with diversified income and upside potential. The building is completed leased with the newly renovated The Gardens, a resturant and 3 apartments. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
29 m above sea level
Air quality now
AQHI 1 · Low risk
Corner Brook station · updated 2:00 a.m.
Property tax
$10,500 / year
≈ $875 / month
Climate
Feb -3° · Jul 22°
normal daily high · CORNER BROOK station · 1991–2020
Nearby & drive routes
13 places shown · OpenStreetMap · OSRM
Schools 3
Groceries 3
Cafés 5
Parks 2
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
$875/mo
Principal & interest $0 + property tax $875 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-999
NOI / month
$-999
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $875 | $10,500 |
| Expenses | $124 | $1,488 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-999 | $-11,988 |
| NOI | $-999 | $-11,988 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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