Buying or Selling your House in Western Newfoundland and Labrador

16 A/B and 18 Currie Avenue

Port aux Basques, Newfoundland & Labrador

$1,300,000

Quick Summary

Location
Port aux Basques, Newfoundland & Labrador
Price
$1,300,000
Building Type
Residential Commercial Mix
Property Type
Multi-family
Status
For sale
Area
n/a
Beds
n/a
Baths
n/a
Age
n/a
Postal Code
A0M 1C0
MLS®
1255219
Courtesy Of
Hanlon Realty
Database ID:25074 DDF Feed ID: 25296581 Latitude: 47.569497 Longitude: -59.131259

Property Description

Now offering this one-of-a-kind investment opportunity in downtown Port aux Basques. The well-established Shark Cove Suites and Rentals is a turn-key opportunity waiting for new owners. This package includes two apartment buildings, a warehouse-style building with 2 residential units, and a serviced RV park area. The first building, 16 A Currie Avenue, has six two- bedroom units and two one-bedroom units. The second building, 16B Currie Avenue, has six three-bedroom units. The third building, 18 Currie Avenue, has two residential units, for a total of sixteen units in all. Twelve of the sixteen units come fully furnished. All units have their own laundry facility. These units can be utilized as long-term, weekly, or daily rentals, or a combination of the three. 18 Currie Avenue, the former Follows Wholesale building and later the Shark Cove Restaurant and Lounge, has two residential units upstairs and loads of space on the main floor to develop into additional business ventures or simply use as storage. Also included is a recently developed RV park with 18 serviced units for those travelers awaiting a ferry crossing or a long cross-island trek. This well-established business is a turn-key opportunity with growth potential. If you are in the market to broaden your investment portfolio or be your own boss, contact today to find out more. (id:47053)

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Building Information

  • Building Type: Residential Commercial Mix
  • Baseboard heaters
  • Electric Heat
  • Flooring: Mixed Flooring

Full Details

MLS® Number:1255219
Ownership Type:Freehold
Price:$1,300,000
Property Type:Multi-family
Transaction Type:For Sale
Zoning Description:Comm.
More Information Link: https://www.realtor.ca/real-estate/25296581/16-ab-and-18-currie-avenue-port-aux-basques

Size Total Text:5312.8 sq m|1 - 3 acres
Access Type:Year-round access
Acreage:true
Size Irregular:5312.8 sq m

Flooring Type:Mixed Flooring
Heating Fuel:Electric
Heating Type:Baseboard heaters
Type:Residential Commercial Mix
Listing information last updated on 2023-02-22 09:13:22 -0330
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