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$198,900
Est. payment /mo
2,880 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,880 sqft
Price per Sqft $69
MLS® Listing ID 1277986
Originating Board Newfoundland & Labrador Association of REALTORS®
Year Built 2007
Property Description
Welcome to this exceptional multi-unit building on Back Track Road in Spaniards Bay! Constructed in 2007, this property features a spacious main floor commercial space with a 200-amp breaker panel, perfect for your business needs or the potential to convert it into a generous bungalow, thanks to its residential/commercial mixed zoning. The lower level includes two residential apartments: a 2-bedroom and a 3-bedroom, both with in-unit laundry and 100-amp breaker panels, providing a steady rental income to help cover your mortgage. Built with a block and concrete foundation, the building features spray foam insulation in all exterior walls and ceilings for enhanced energy efficiency. Ideally located just minutes from the Veterans Memorial Highway, 5 minutes to Bay Roberts, and 10 minutes to Carbonear, this property blends business potential with residential convenience. Additionally, the building lot right next door is also for sale, offering room for expansion. Don't miss this opportunity to invest in a versatile multi-unit building with endless possibilities. (id:24570)
Location
Province NL
Interior
Heating Baseboard heaters, Forced air,
Flooring Mixed Flooring
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Story 2
Others
Ownership Freehold
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Listed by eXp Realty
343 PRESTON STREET, 11TH FLOOR, OTTAWA, Ontario, K1S1N4