Buying or Selling your House in Western Newfoundland and Labrador

332 Marine Drive NEW

Little Bay, Newfoundland & Labrador

$299,000

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)

Contact An Agent

I prefer to be contacted via

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

MLS® Number:1302606
Equipment Type:None
Ownership Type:Freehold
Price:$299,000
Property Type:Multi-family
Rental Equipment TypeNone
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

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

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

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
Search Properties
Mortgage Calculator
$
$
%
Years

This calculator is for demonstration purposes only.
Exclusive Listings