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Listed by RE/MAX Realty Professionals Ltd. - Stephenville
$649,000
Est. payment /mo
7,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,500 sqft
Price per Sqft $86
MLS Listing ID 1295161
Year Built 1960
Annual Tax Amount $2,050
Tax Year 2026
Lot Dimensions 213 x 198
Source NLAR
Property Description
Prime commercial investment opportunity located in the heart of Stephenville. This well-situated multi-unit commercial building offers excellent visibility and high traffic exposure, making it an ideal location for a variety of businesses. The property features potential multiple commercial units with flexible layouts that can easily accommodate three or more tenants, providing a strong potential for steady rental income. Each unit offers its own entrance and ample interior space suitable for retail, office, or service-based businesses. Positioned along a busy commercial corridor, the building benefits from great street frontage, convenient access, and nearby amenities. The surrounding area is home to restaurants, shops, and professional offices, ensuring consistent customer traffic throughout the day. This property presents an excellent opportunity for investors or entrepreneurs looking to establish a multi-tenant commercial property in a growing community on the west coast of Newfoundland and Labrador. Whether you plan to operate your own business while leasing additional units or develop a fully income-producing property, this building offers flexibility, location, and long-term potential. HST Applicable
Location
Province NL
Zoning Commercial
Interior
Heating Baseboard, Electric, Heat Pump
Cooling Baseboard, Electric, Heat Pump
Equipment None
Exterior
Utilities Available Cable, Electrical, Municipal Water, Sewer, Telephone
Roof Type Shingle - Asphalt
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