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Listed by RE/MAX Realty Professionals Ltd. - Stephenville
$699,000
Est. payment /mo
5,328 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,328 sqft
Price per Sqft $131
MLS Listing ID 1300398
Annual Tax Amount $2,660
Source NLAR
Property Description
Prime commercial opportunity in a highly visible downtown location with excellent exposure on both Main Street and Queen Street. This well-positioned building offers approximately 5,000 sq. ft. of total space, divided into two approximately 2,500 sq. ft. units.
One side of the building is currently occupied by a tenant, providing immediate rental income, while the remaining space offers excellent potential for an owner-occupier or additional lease revenue. The property features attractive storefronts on both Main Street and Queen Street, maximizing visibility, foot traffic, and customer access.
Recent updates include asphalt shingles replaced approximately 10 years ago and laminate flooring installed approximately 3 years ago, offering added value and reduced maintenance.
Whether you're looking to expand your business, invest in a downtown income-producing property, or capitalize on a high-exposure commercial location, this versatile property presents an outstanding opportunity.
HST is applicable on this transaction
One side of the building is currently occupied by a tenant, providing immediate rental income, while the remaining space offers excellent potential for an owner-occupier or additional lease revenue. The property features attractive storefronts on both Main Street and Queen Street, maximizing visibility, foot traffic, and customer access.
Recent updates include asphalt shingles replaced approximately 10 years ago and laminate flooring installed approximately 3 years ago, offering added value and reduced maintenance.
Whether you're looking to expand your business, invest in a downtown income-producing property, or capitalize on a high-exposure commercial location, this versatile property presents an outstanding opportunity.
HST is applicable on this transaction
Location
Province NL
Zoning COMMERCIAL
Interior
Heating Electric, Forced Air
Cooling Electric, Forced Air
Equipment None
Exterior
Utilities Available Electrical, Municipal Water, Sewer
Roof Type Shingle - Asphalt
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