788-792 Southern Shore Highway Bay Bulls, Newfoundland & Labrador A0A 1C0
$1,599,999
Whether you're a seasoned investor or looking for the right opportunity to start your property investment portfolio off on the right foot, you'll want to check this one out! Sitting on 1.21 acres and just 7 years old it still shows like the day it was built. With Eastern Health as its anchor tenant occupying 80% of the 6000 sq ft of rentable space you will have peace of mind in knowing they still have 5 years remaining on their lease, with 2 options to renew at 5 years each. In addition to Eastern Health there is a hair salon occupying 400 sq ft and an additional 800 sq ft of space currently available for lease providing even more rental income. The combination of forced air heat pumps, mini split heat pumps and LED lighting throughout all combine to help keep electrical cost to a minimum. This slab on grade, wood frame exterior construction with vinyl siding and 30 year fibreglass shingles ensure maintenance cost are low for years to come. The entire building is wheel chair accessible and the Eastern Health portion was constructed to current government standards. At the time of construction, the current owner had approval in principle from the town to construct an additional similar size and style building on the property. Be sure to check out the video! (id:28789)
Business
| Business Type | Service |
Property Details
| MLS® Number | 1285518 |
| Property Type | Office |
Building
| Amenities | Air Conditioning |
| Constructed Date | 2018 |
| Flooring Type | Laminate, Other |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters, Forced Air, Heat Pump |
| Stories Total | 1 |
| Size Interior | 6,000 Ft2 |
| Type | Offices |
Land
| Access Type | Year-round Access |
| Acreage | Yes |
| Size Irregular | 1.21 Acres |
| Size Total Text | 1.21 Acres|1 - 3 Acres |
| Zoning Description | Commercial |
https://www.realtor.ca/real-estate/28399998/788-792-southern-shore-highway-bay-bulls
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June 03 2025 12:12:18
Newfoundland & Labrador Association of REALTORS®
RE/MAX Infinity Realty Inc.