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$559,900
Est. payment /mo
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Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 1291272
Year Built 1950
Property Sub-Type Freehold
Source Newfoundland & Labrador Association of REALTORS®
Property Description
Exceptional Investment Opportunity – Multi-Unit Commercial Property with Major Income Potential! Attention investors and entrepreneurs! This versatile commercial property offers four fully rented legal units, each on separate meters and equipped with 100-amp—providing stable, consistent rental income from day one. But that's not all—there's also a bachelor unit currently vacant, sharing a panel with an adjacent storage space, offering the potential to add another income stream with minimal effort. In addition, the property boasts a 6,000 sq. ft. storage facility, currently leased by a family member operating a well-established and profitable car storage business. The current operator is open to collaborating with the buyer, allowing for a seamless transition or continued business partnership. Whether you're looking to grow your real estate portfolio or run a high-demand storage business, this property offers untapped revenue potential and flexible usage options. Don't miss out on this unique chance to own a cash-flowing property with room to grow. (id:24570)
Location
State NL
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters,
Flooring Carpeted, Hardwood, Laminate, Mixed Flooring, Other
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Story 2
Others
Ownership Freehold
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Listed by RE/MAX Realty Professionals Ltd. - Corner Brook
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