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$530,000
Est. payment /mo
3,480 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 3,480 sqft
Price per Sqft $152
MLS® Listing ID 1292535
Year Built 1962
Property Sub-Type Freehold
Source Newfoundland & Labrador Association of REALTORS®
Property Description
Discover an incredible opportunity with this versatile two-unit residential plus commercial unit. Perfectly situated in the heart of Torbay, under a 10-minute drive from St. John's, this property offers prime visibility for any business while blending small-town charm with the convenience of urban living. Perfect for those who value proximity to nature, scenic beauty, and outdoor adventure. This location is truly special, enjoy being just a short walk from the stunning Torbay Beach and the world-famous East Coast Trail, named by National Geographic as one of the top adventure destinations in the world! The main level features a bright, modern, and extensively renovated commercial space, currently operating as a tattoo studio. It's move-in ready and offers excellent flexibility for a wide variety of business ventures. For added convenience, the commercial space includes two bathrooms, providing functionality and comfort for staff and clients alike. There is also plenty of parking available on-site for both tenants and customers, ensuring easy access and convenience for everyone. Upstairs, you'll find two spacious 3-bedroom, 1-bath apartments, each with large private decks for relaxing and enjoying the peaceful setting. In one unit, the laundry room was converted from a bedroom and could be reverted back with some adjustments. Both apartments are occupied by excellent tenants, including one long-term tenant of over 8 years, and both would be very happy to stay. With a total combined monthly rental income of $5,300 and all tenants paying their own utilities, this property offers a strong investment opportunity. A rare find like this doesn't come along often! (id:24570)
Location
State NL
Rooms
Kitchen 0.0
Interior
Heating Radiant heat, ,
Flooring Ceramic Tile, Hardwood, Other
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Ownership Freehold
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Listed by Century 21 Seller's Choice Inc.
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