Buying or Selling your House in Western Newfoundland and Labrador

21-23 Corey King Drive

Mount Pearl, Newfoundland & Labrador

$2,200,000

Quick Summary

Location
Mount Pearl, Newfoundland & Labrador
Price
$2,200,000
Building Type
Other
Property Type
Business
Status
For sale
Area
7500 sqft
Beds
n/a
Baths
n/a
Age
n/a
Postal Code
A1N 0A5
MLS®
1291169
Courtesy Of
Royal LePage Atlantic Homestead
Database ID:60407 DDF Feed ID: 28949555 Latitude: 47.533893 Longitude: -52.828296

Property Description

Own your own facility in prestigious Kenmount Business Park! This modern 7,500 sq ft building features high office content (48%), excellent highway access, and room to grow on 1.72 acres. Currently generating lease revenues from quality (2) tenants (month-to-month and 6-month existing tenant terms), 3,600 sq. ft. unit 1; 3900 sq. ft. unit 2; this property offers owner-operators the opportunity to occupy part of the building while tenants help pay the mortgage. Plus 0.82 acres of excess developable land. The total land parcel is situated within a commercial condominium corporation, allowing for flexibility in building and selling, or building and leasing, future buildings on site. Located in an area within walking distance to the new hospital under construction, where serviced commercial land trades at $450,000-$550,000 per acre, this offers immediate income while you plan your development—zoned Industrial-Light with flexible permitted uses. Rare opportunity to acquire land with income to offset carrying costs. (id:47053)

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Building Information

  • Building Type: Other
  • Area: 7500 sqft
  • Baseboard heaters
  • Electric Heat
  • Flooring: Concrete Slab, Laminate

Full Details

MLS® Number:1291169
Ownership Type:Freehold
Price:$2,200,000
Property Type:Business
Transaction Type:For Sale
Zoning Description:Commercial
More Information Link: https://www.realtor.ca/real-estate/28949555/21-23-corey-king-drive-mount-pearl

Size Total Text:1 - 3 acres
Acreage:true

Constructed Date:2015
Flooring Type:Concrete Slab, Laminate
Heating Fuel:Electric
Heating Type:Baseboard heaters
Size Interior:7500 sqft
Type:Other
Listing information last updated on 2025-10-03 17:23:30 -0230
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