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Listed by 77337 Newfoundland and Labrador Inc.
$2,295,000
Est. payment /mo
14,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 14,000 sqft
Price per Sqft $163
MLS Listing ID 1280464
Annual Tax Amount $14,790
Tax Year 2024
Lot Dimensions 1.19 acres
Source NLAR
Property Description
This property listed for sale consists of two buildings, one at the front of the 1.19 acre lot, that's 10000 sq. ft. in size. This building is used primarily as office space (9500 sq. ft.) with a small amount of storage 500 sq.ft. The second property consists of flex space, 4000 sq.ft. in total space where tenants use varying amounts of combination of office and warehouse. Both buildings are fully leased with the larger building having one tenant, Sport NL and paying $150,000 in a year. The smaller building at the rear with three separate tenants generates approximately $60,000 in annual rental revenue. Operating expenses such as municipal property and water taxes, property insurance, snow clearing, lawn care, garbage removal, and miscellaneous maintenance expenses amount to about $58,000 in a year. The larger building was completed in 2010 and the smaller 4000 sq.ft. building was finished in 2016. The lot has been fully landscaped with paved parking in the front the larger building and paved parking in front of the smaller building. The 10000 sq. ft. building has 3rd grade level loading doors and the smaller building has two.
Location
Province NL
Zoning Comm/Ind.
Interior
Interior Features Air Conditioning, Security System, See Remarks, Workshop
Heating Baseboard
Cooling Baseboard
Inclusions 10000 sq.ft of office/warehouse- office 4000 sq. ft. flex space warehouse and office - 1.19 acre lot.
Equipment None
Exterior
Utilities Available Cable, Electrical, Municipal Water, See Remarks, Sewer
Roof Type Metal
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