Contact
Buying or Selling your House in Western Newfoundland and Labrador
Home
Properties
Communities
Corner Brook
Deer Lake
Happy Valley-Goose Bay
Port aux Basques - Codroy Valley
St. Anthony
Stephenville
Subdivisions
Bay Crescent
Discovery Ridge
Foote Street
Miller Crescent
Shamrock Crescent
Stella's Place
Valleyview Estates
Our Team
About Us
Expert Advice
Contact Us
0
Home
Properties
1694 Topsail Road
1694 Topsail Road
Paradise, Newfoundland & Labrador
$1,595,000
Previous
Next
Quick Summary
Location
Paradise, Newfoundland & Labrador
Price
$1,595,000
Building Type
Other
Property Type
Retail
Status
For sale
Area
6457 sqft
Beds
n/a
Baths
n/a
Age
n/a
Postal Code
A1L 1V5
MLS®
1286715
Courtesy Of
Royal LePage Atlantic Homestead
Database ID:55975 DDF Feed ID: 28494639 Latitude: 47.528989 Longitude: -52.882231
Property Description
Octagon Pond Plaza is strategically located and fully occupied, generating a stabilized cap rate of ~8.50%. The property comprises five individual units with the anchor tenant Little Caesars. Tenants are secured with extensive leaseholds, accompanied by long-term leases including renewal options, providing reliable cash flow and minimal vacancy risk. PROPERTY SPECIFICATIONS: Total Units: 5 individual spaces (1,165 - 1,500 sq ft each) Building Age: Only 6 years old - minimal capital expenditure requirements Occupancy: 100% leased with seasoned tenant mix Lease Structure: Long-term agreements with built-in renewal options Parking: Abundant on-site parking enhances tenant retention This institutional-quality asset provides sophisticated investors with immediate access to a proven income stream featuring built-in growth potential. The combination of credit-worthy tenants, favourable lease structures, and prime retail positioning creates an ideal wealth-building vehicle with predictable returns. Ready to deploy capital into this cash-flowing asset? (id:47053)
Contact An Agent
Your Name
*
Email
*
Phone
I prefer to be contacted via
email
phone
text
I would like more information about 1694 Topsail Road, Paradise, listed for $1,595,000.
Comments or Questions
Building Information
Building Type: Other
Area: 6457 sqft
Baseboard heaters, Forced air
Flooring: Laminate, Other
Full Details
General
MLS® Number:
1286715
Ownership Type:
Freehold
Price:
$1,595,000
Property Type:
Retail
Transaction Type:
For Sale
Zoning Description:
Commercial
More Information Link:
https://www.realtor.ca/real-estate/28494639/1694-topsail-road-paradise
Land
Size Total Text:
1.08 acre|1 - 3 acres
Acreage:
true
Size Irregular:
1.08 acre
Building
Constructed Date:
2019
Flooring Type:
Laminate, Other
Heating Type:
Baseboard heaters, Forced air
Size Interior:
6457 sqft
Type:
Other
Listing information last updated on 2025-06-19 16:42:39 -0230
Search Properties
Region
Corner Brook
Deer Lake
Happy Valley-Goose Bay
Northern Peninsula
Pasadena
Port aux Basques
Stephenville
Property Type
Agriculture
Business
Industrial
Multi-family
Office
Other
Recreational
Retail
Single Family
Vacant Land
Transaction Type
For Lease
For Rent
For Sale
Beds
1+
2+
3+
4+
5+
Baths
1+
2+
3+
4+
5+
Min $
$0
$25,000
$50,000
$75,000
$100,000
$125,000
$150,000
$175,000
$200,000
$225,000
$250,000
$275,000
$300,000
$325,000
$350,000
$375,000
$400,000
$425,000
$450,000
$475,000
$500,000
$600,000
$700,000
$800,000
$900,000
$1,000,000
$1,100,000
$1,200,000
$1,300,000
$1,400,000
$1,500,000
$1,600,000
$1,700,000
$1,800,000
$1,900,000
$2,000,000
$2,500,000
$3,000,000
$4,000,000
$5,000,000
$7,500,000
$10,000,000
Max $
$0
$25,000
$50,000
$75,000
$100,000
$125,000
$150,000
$175,000
$200,000
$225,000
$250,000
$275,000
$300,000
$325,000
$350,000
$375,000
$400,000
$425,000
$450,000
$475,000
$500,000
$600,000
$700,000
$800,000
$900,000
$1,000,000
$1,100,000
$1,200,000
$1,300,000
$1,400,000
$1,500,000
$1,600,000
$1,700,000
$1,800,000
$1,900,000
$2,000,000
$2,500,000
$3,000,000
$4,000,000
$5,000,000
$7,500,000
$10,000,000
Sort By
Lowest Price First
Highest Price First
Date Added
Include Sold / Pending Sale
Mortgage Calculator
Mortgage Amount
$
Downpayment
$
Interest Rate
%
Amortization Period
Years
Payment Frequency
Bi-monthly
Monthly
Semi-monthly
Bi-weekly
Weekly
This calculator is for demonstration purposes only.
Our Tools
Contact Us
Real Estate Alert
Calculation Tools
Complementary Professionals
Online Evaluation
Useful Links
Exclusive Listings
View Exclusive Listings