Buying or Selling your House in Western Newfoundland and Labrador

3 Bayview Street NEW

Fortune, Newfoundland & Labrador

$325,000

Quick Summary

Location
Fortune, Newfoundland & Labrador
Price
$325,000
Building Type
Retail
Property Type
Office
Status
For sale
Area
4294 sqft
Beds
n/a
Baths
n/a
Age
n/a
Postal Code
A0E 1P0
MLS®
1301910
Courtesy Of
RE/MAX Infinity Realty Inc.
Database ID:70927 DDF Feed ID: 30169101 Latitude: 47.073698 Longitude: -55.828293

Property Description

Great investment opportunity in the heart of Fortune NL. This 4,294 sq. ft. commercial building features a strong combination of established rental income and owner-operator business potential, making it an ideal opportunity for investors, entrepreneurs, or anyone looking to diversify their portfolio. The front portion of the building is leased to Canada Post, providing dependable rental income through an existing 4-year lease, with an option to renew for an additional 10 years. Having a nationally recognized tenant offers stability and peace of mind for years to come. There is a tax preparation business currently in the building that is also for sale in addition to this listing if interested in purchasing both. Beyond its current use, the property offers excellent expansion and revenue opportunities. The rear section includes additional space that could be developed into another rental unit or customized for a variety of commercial uses, including:Café or coffee shop, Gift and souvenir store, Professional offices, Hair or beauty salon, Fitness studio. Perfectly situated in the centre of Fortune, the property is just steps from the St. Pierre and Miquelon Ferry terminal. This strategic location captures both local traffic and seasonal visitors, creating exceptional potential for businesses catering to ferry passengers and tourists. Whether you're looking for a commercial property with dependable income, a business you can step into immediately, or an investment with room to grow, 3 Bayview Street offers a rare opportunity to own a versatile commercial asset in one of Newfoundland's gateway communities. (id:47053)

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Building Information

  • Building Type: Retail
  • Area: 4294 sqft
  • Mini-Split
  • Electric Heat
  • Flooring: Concrete Slab, Mixed Flooring, Other

Full Details

MLS® Number:1301910
Ownership Type:Freehold
Price:$325,000
Property Type:Office
Transaction Type:For Sale
View Type:Ocean view
Water Front Type:Waterfront
Zoning Description:Res
More Information Link: https://www.realtor.ca/real-estate/30169101/3-bayview-street-fortune

Size Total:11786.0000|under 1/2 acre
Size Total Text:11786.0000|under 1/2 acre
Access Type:Water access, Year-round access
Acreage:true
Amenities:Recreation, Shopping
Size Irregular:11786

Building Amenities:Air Conditioning
Constructed Date:1975
Flooring Type:Concrete Slab, Mixed Flooring, Other
Heating Fuel:Electric
Heating Type:Mini-Split
Roof Material:Other
Roof Style:Unknown
Size Interior:4294 sqft
Type:Retail
Listing information last updated on 2026-08-18 14:51:54 -0230
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