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Listed by Colliers International
$1,895,000
Est. payment /mo
9,229 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 9,229 sqft
Price per Sqft $205
MLS Listing ID 1295031
Annual Tax Amount $29,031
Source NLAR
Property Description
89 O'Leary Avenue offers an excellent opportunity to acquire a fully leased industrial investment property in St. John's. The 9,229 SF building features a functional layout with office space at the front and warehouse space at the rear, including private offices, collaborative workspace, meeting space, and staff amenities with lockers and a shower. The warehouse area includes grade-level loading with an extra-high overhead door as well as a secondary rear grade door, supporting a variety of service, industrial, or distribution uses. The site also offers ample on-site parking and outdoor storage space. The property is fully leased through September 30, 2028 to a long-standing tenant who has occupied the building for approximately eight years, with the tenant responsible for operating costs, property taxes, and utilities, providing stable income and a low-management investment opportunity.
Location
Province NL
Zoning Commercial
Interior
Heating Electric, Oil
Cooling Electric, Oil
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NEARBY SCHOOL & BUSINESS
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