




This retail in Corner Brook is available for your consideration. Built in 1950, 2 storeys. The home features hardwood and laminate and carpeted and other and mixed flooring flooring, baseboard heaters, electric heating.
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:60351)
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Listed by Tiffany Clarke, RE/MAX Realty Professionals Ltd. - Corner Brook
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Listing represented by Tiffany Clarke, RE/MAX Realty Professionals Ltd. - Corner Brook · MLS# 1291272
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.