77-79 Commonwealth Avenue photo 11 / 14

MLS #1294279

77-79 Commonwealth Avenue

Mount Pearl

$3,750,000

14,780 sqft
Office
Source Listing

Property Details

Excellent opportunity to own a prime commercial property in the heart of Mt. Pearl. The building is anchored by a national retail drug store. The owners operate a medical practice on the second floor and lease an additional unit to a physiotherapy clinic. Over 230 feet of frontage on Commonwealth Avenue and a large parking lot that can accommodate 60+ vehicles. (id:66441)

Cost To Own

Down payment and monthly ownership estimate

Start with the listing price, then adjust the financing and monthly carrying costs for a practical estimate.

Purchase Price$3,750,000
Down Payment - 20%$750,000
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$21,133

Mortgage Payment
$17,977
Property Tax
$2,656
Insurance
$150
Utilities
$350
Down Payment
$750,000
Loan Amount
$3,000,000
Total Interest
$2,393,229

Estimate only. Final payments depend on lender approval, taxes, insurance, closing costs, and mortgage insurance when applicable.

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