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332 Marine Drive
332 Marine Drive
NEW
Little Bay, Newfoundland & Labrador
$299,000
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Quick Summary
Location
Little Bay, Newfoundland & Labrador
Price
$299,000
Building Type
Other
Property Type
Multi-family
Status
For sale
Area
3499 sqft
Beds
3
Baths
3
Age
n/a
Postal Code
A0E 1N0
MLS®
1302606
Courtesy Of
Keller Williams Platinum Realty
Database ID:71565 DDF Feed ID: 30223665 Latitude: 47.161339 Longitude: -55.113796
Property Description
If you’ve been searching for a property with exceptional versatility and income potential, this approximately 3,000 sq. ft. building offers an opportunity worth exploring. Currently configured with a convenience/fabric store, a former hair salon and an existing residential unit, the building lends itself to a variety of future uses. Please note that the existing business is not included in the sale. The second floor features an approximately 875 sq. ft., 3-bedroom, 1-bathroom residential unit that could provide immediate rental income, with an estimated rental potential of approximately $1,500 per month. On the main floor, a separate area formerly operated as a hair salon provides another opportunity. With some reconfiguration and expansion into adjoining space, this area could potentially be converted into a comfortable 2-bedroom apartment. The large main store area offers even more possibilities and could potentially become a third residential unit. For someone interested in an investment property, the building could potentially be transformed into a three-unit residential property, subject to municipal approvals, zoning and any required permits. Prefer a commercial component? The main level could continue to accommodate a convenience store or potentially another type of business while maintaining residential rental income above. The property also has two separate basement areas, one with a concrete floor and the other with a gravel floor, providing plenty of additional storage and utility space. And then there’s the view! The spectacular surroundings add another dimension to the property and could make future residential units especially appealing. Whether your vision is residential, commercial, income-producing, or a combination of all three, this property provides a unique opportunity to create something that works for you. With an existing residential unit and substantial space available for redevelopment, there are plenty of possibilities to explore. (id:47053)
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Comments or Questions
Building Information
Building Type: Other
3 Beds
3 Baths
2 Half bathrooms
Area: 3499 sqft
Baseboard heaters
Electric Heat
Vinyl siding
Flooring: Laminate, Other
Concrete, Poured Concrete foundation
Municipal water
Full Details
General
MLS® Number:
1302606
Equipment Type:
None
Ownership Type:
Freehold
Price:
$299,000
Property Type:
Multi-family
Rental Equipment Type
None
Transaction Type:
For Sale
View Type:
Ocean view, View
Zoning Description:
Residential
More Information Link:
https://www.realtor.ca/real-estate/30223665/332-marine-drive-little-bay
Land
Size Total Text:
100 x 80|4,051 - 7,250 sqft
Access Type:
Year-round access
Amenities:
Recreation, Shopping
Landscape Features:
Landscaped
Sewer:
Municipal sewage system
Size Irregular:
100 x 80
Building
Bathroom Total:
3
Bedrooms Above Ground:
3
Bedrooms Below Ground:
0
Bedrooms Total:
3
Appliances:
Refrigerator, Stove
Architectural Style:
2 Level
Constructed Date:
1976
Exterior Finish:
Vinyl siding
Flooring Type:
Laminate, Other
Foundation Type:
Concrete, Poured Concrete
Half Bath Total:
2
Heating Fuel:
Electric
Heating Type:
Baseboard heaters
Roof Material:
Asphalt shingle
Roof Style:
Unknown
Size Interior:
3499 sqft
Type:
Other
Utility Water:
Municipal water
Rooms
Level
Type
Dimensions
Second level
Bath (# pieces 1-6)
13.1 x 5.2
Second level
Bedroom
10.1 x 11.1
Second level
Bedroom
10.1 x 11.3
Second level
Primary Bedroom
9.1 x 14.7
Second level
Living room
15.1 x 13.1
Second level
Dining room
13.1 x 5.5
Second level
Kitchen
13.1 x 8.2
Main level
Other
4.1 x 6.1
Main level
Other
6.1 x 9.2
Main level
Other
9.0 x 6.3
Main level
Other
7.8 x 24.1
Main level
Bath (# pieces 1-6)
5.4 x 4.4
Main level
Other
5.4 x 5.2
Main level
Other
9.11 x 9.7
Main level
Other
18.7 x 8.9
Main level
Other
51.1 x 29.2
Listing information last updated on 2026-09-02 09:51:49 -0230
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