Buying or Selling your House in Western Newfoundland and Labrador

788-792 Southern Shore Highway NEW

Bay Bulls, Newfoundland & Labrador

$1,325,000

Quick Summary

Location
Bay Bulls, Newfoundland & Labrador
Price
$1,325,000
Building Type
Other
Property Type
Business
Status
For sale
Area
6000 sqft
Beds
n/a
Baths
n/a
Age
n/a
Postal Code
A0A 1C0
MLS®
1287057
Courtesy Of
RE/MAX Infinity Realty Inc.
Database ID:56432 DDF Feed ID: 28543168 Latitude: 47.307316 Longitude: -52.818367

Property Description

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:47053)

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Building Information

  • Building Type: Other
  • Area: 6000 sqft
  • Baseboard heaters, Forced air, Heat Pump
  • Electric Heat
  • Flooring: Laminate, Other

Full Details

MLS® Number:1287057
Ownership Type:Freehold
Price:$1,325,000
Property Type:Business
Transaction Type:For Sale
Zoning Description:Commercial
More Information Link: https://www.realtor.ca/real-estate/28543168/788-792-southern-shore-highway-bay-bulls

Size Total Text:1.21 acres|1 - 3 acres
Access Type:Year-round access
Acreage:true
Size Irregular:1.21 acres

Building Amenities:Air Conditioning
Constructed Date:2018
Flooring Type:Laminate, Other
Heating Fuel:Electric
Heating Type:Baseboard heaters, Forced air, Heat Pump
Size Interior:6000 sqft
Type:Other
Listing information last updated on 2025-07-02 11:33:16 -0230
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