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Listed by RE/MAX Eastern Edge Realty Ltd. - Marystown
$1,299,000
Est. payment /mo
28,512 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 28,512 sqft
Price per Sqft $45
MLS Listing ID 1303851
Year Built 1980
Annual Tax Amount $3,014
Source NLAR
Property Description
A unique commercial investment opportunity in Salt Pond, Burin! Ideally situated along Main Road, this substantial two-storey property offers approximately 28,512 sq. ft. of total space, providing exceptional versatility for an investor, entrepreneur or owner-operator.
The main level is currently home to multiple commercial tenants and features a diverse mix of finished commercial spaces along with expansive open areas suitable for storage, workshop or other commercial uses. An overhead door provides convenient access to a portion of the building, adding further functionality. With existing tenants already in place, the property offers current rental activity along with considerable opportunity to make better use of the remaining space.
The second floor provides another approximately 9,504 sq. ft. and is presently configured with numerous individual offices, larger open work areas and washroom facilities. While portions of this level require updating and renovation, much of the existing layout and infrastructure provides an excellent starting point for redevelopment. The space could lend itself to professional offices, service-based businesses, additional commercial tenants or a combination of uses, subject to applicable approvals.
Outside, a large parking area provides ample space for tenants, customers and staff, while the Main Road location offers convenient access and strong exposure.
With existing rental income, more than 28,000 sq. ft. of space, commercial and workshop/storage areas, extensive parking and significant potential for additional development, this property offers an opportunity to create a diversified, multi-tenant commercial investment in the heart of the Burin Peninsula.
Bring your vision and unlock the potential of this impressive commercial property.
Think this version represents it much better. And once you get the survey, we can simply add the lot size without rewriting everything.
The main level is currently home to multiple commercial tenants and features a diverse mix of finished commercial spaces along with expansive open areas suitable for storage, workshop or other commercial uses. An overhead door provides convenient access to a portion of the building, adding further functionality. With existing tenants already in place, the property offers current rental activity along with considerable opportunity to make better use of the remaining space.
The second floor provides another approximately 9,504 sq. ft. and is presently configured with numerous individual offices, larger open work areas and washroom facilities. While portions of this level require updating and renovation, much of the existing layout and infrastructure provides an excellent starting point for redevelopment. The space could lend itself to professional offices, service-based businesses, additional commercial tenants or a combination of uses, subject to applicable approvals.
Outside, a large parking area provides ample space for tenants, customers and staff, while the Main Road location offers convenient access and strong exposure.
With existing rental income, more than 28,000 sq. ft. of space, commercial and workshop/storage areas, extensive parking and significant potential for additional development, this property offers an opportunity to create a diversified, multi-tenant commercial investment in the heart of the Burin Peninsula.
Bring your vision and unlock the potential of this impressive commercial property.
Think this version represents it much better. And once you get the survey, we can simply add the lot size without rewriting everything.
Location
Province NL
Zoning commercial
Interior
Heating Electric
Cooling Electric
Exterior
Utilities Available Cable, Electrical, Municipal Water, Sewer, Telephone
Roof Type Torched-on
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