Buying or Selling your House in Western Newfoundland and Labrador

1 RIVERVIEW Avenue NEW

MOUNT PEARL, Newfoundland & Labrador

$1,100,000

Quick Summary

Location
MOUNT PEARL, Newfoundland & Labrador
Price
$1,100,000
Building Type
Special Purpose
Property Type
Retail
Status
For sale
Area
n/a
Beds
n/a
Baths
n/a
Age
n/a
Postal Code
A1N 1M1
MLS®
1300510
Courtesy Of
HomeLife Experts Realty Inc.
Database ID:69498 DDF Feed ID: 30042761 Latitude: 47.520246 Longitude: -52.80046

Property Description

Attention Investors, Developers & Business Owners! This is a rare opportunity to acquire just over one acre of prime real estate in Mount Pearl. Zoned Residential High Density, this property offers exceptional redevelopment potential while providing immediate income opportunities. The existing building features three commercial units, plus an additional commercial unit located at the rear of the property, allowing buyers to continue generating rental income, establish a new business venture, or hold the property while planning future development. Bordering the scenic Grand Concourse walking trail, this highly visible and accessible location is ideally suited for a wide range of residential projects. With high-density zoning already in place, the possibilities include a seniors' living complex, townhouse development, apartment building, or another residential project(subject to municipal approvals.) Whether you're looking to expand your investment portfolio, launch a new commercial venture, or unlock the full development potential of this exceptional parcel, this property offers flexibility, location, and long-term value. Opportunities like this are rarely available in Mount Pearl. Secure this outstanding development site today and bring your vision to life! (id:47053)

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Building Information

  • Building Type: Special Purpose
  • Other
  • Flooring: Other

Full Details

MLS® Number:1300510
Ownership Type:Freehold
Price:$1,100,000
Property Type:Retail
Transaction Type:For Sale
Zoning Description:RES HI DEN
More Information Link: https://www.realtor.ca/real-estate/30042761/1-riverview-avenue-mount-pearl

Size Total Text:1 ACRE|1 - 3 acres
Acreage:true
Size Irregular:1 ACRE

Flooring Type:Other
Heating Type:Other
Type:Special Purpose
Listing information last updated on 2026-07-16 14:52:10 -0230
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