Buying or Selling your House in Western Newfoundland and Labrador

195 Main Street

Springdale, Newfoundland & Labrador

$149,000

Quick Summary

Location
Springdale, Newfoundland & Labrador
Price
$149,000
Building Type
Commercial Mix
Property Type
Retail
Status
For sale
Area
2400 sqft
Beds
n/a
Baths
n/a
Age
n/a
Postal Code
A0J 1T0
MLS®
1271550
Courtesy Of
Keller Williams Platinum Realty
Database ID:40687 DDF Feed ID: 26840494 Latitude: 49.511785 Longitude: -56.032093

Property Description

This unique property represents a rare opportunity for investors and entrepreneurs keen on making their mark in the real estate world, with its expansive 30 x 50 square-foot main level, which holds the potential to be transformed into a modern living space. This area is not just spacious but also comes equipped with two bathrooms and a kitchen featuring a sliding window, perfect for those looking to venture into the food business. The kitchen's previous life as part of a take-out business offers a unique advantage, providing the infrastructure necessary. Beyond its commercial prospects, the upstairs of the property offers a 30 x 30 square-foot space that holds immense potential for conversion into a residential apartment. This area could become a cozy, spacious living quarters, perfect for generating additional income through long-term leases or tapping into the short-term rental market. The property's basement, matching the upstairs in size, offers a robust 30 x 30 square-foot concrete space ideal for storage. With zoning for both residential and commercial use, the opportunities for this property are broad and varied. The recent updates, including a new shingle roof, fresh paint, and new aluminum eaves and fascia, coupled with a 200 amp service, ensure the building is not only aesthetically pleasing but also structurally sound and ready for immediate occupancy. Its versatile nature is a standout feature, with a substantial main level that spans 30 x 50 square feet, presenting the perfect canvas for a modern apartment conversion. The inclusion of two bathrooms and a kitchen, complete with a sliding window, is particularly noteworthy. This setup is ideal for those looking to delve into the culinary world with a small take-out business, capitalizing on infrastructure left by previous occupants. The potential for creating a vibrant, income-generating property is palpable, with the ground floor alone offering vast possibilities for both residential and commercial use. (id:47053)

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Building Information

  • Building Type: Commercial Mix
  • Area: 2400 sqft
  • Electric Heat
  • Flooring: Carpeted, Concrete Slab, Mixed Flooring
  • 2 stories

Full Details

MLS® Number:1271550
Ownership Type:Freehold
Price:$149,000
Property Type:Retail
Transaction Type:For Sale
Zoning Description:com/res
More Information Link: https://www.realtor.ca/real-estate/26840494/195-main-street-springdale

Size Total Text:under 1/2 acre
Landscape Features:Landscaped

Constructed Date:1977
Flooring Type:Carpeted, Concrete Slab, Mixed Flooring
Heating Fuel:Electric
Stories Total:2
Size Interior:2400 sqft
Type:Commercial Mix
Listing information last updated on 2024-05-03 09:45:28 -0230
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