788-792 Southern Shore Highway Bay Bulls, Newfoundland & Labrador A0A 1C0

6,000 ft2
Baseboard Heaters, Forced Air, Heat Pump Acreage

$1,325,000

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, a new tenant who started July 1st occupying 380 sq ft and one additional suite 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 Other
Business Sub Type General commercial

Property Details

MLS® Number 1287057
Property Type Business

Building

Amenities Air Conditioning
Constructed Date 2018
Flooring Type Laminate, Other
Heating Fuel Electric
Heating Type Baseboard Heaters, Forced Air, Heat Pump
Size Interior 6,000 Ft2
Type Other

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/28543168/788-792-southern-shore-highway-bay-bulls

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