160 Water Street photo 11 / 15

MLS #1295045

160 Water Street

Bay Roberts

$395,000

4,094 sqft
Business
Source Listing

Property Details

Business Opportunity – Prime oceanfront commercial property located in beautiful Bay Roberts, Newfoundland and Labrador. This well-maintained building offers over 2,000 sq ft of interior space and sits in a highly visible location with stunning, unobstructed views of the harbour. This versatile property presents an excellent business opportunity for entrepreneurs, investors, or anyone looking to operate in a scenic coastal community. Features include : lots of parking for customers and staff, high visibility and easy access, located in the heart of Bay Roberts, deli, walkin coolers, custard cone machine, fridges, lottery license, liquor license, walkout basement great for storage, etc,. Many Amenities & Attractions are nearby such as shops, restaurants, medical clincs, supermarkets and just minutes from recreation areas, arena, pool, schools, walking trails, and the marina. Bay Roberts is a growing community with steady local and tourist traffic, a perfect location for a convenience store such as Water Street Variety. There are also other opportunities to extend into other options like a café, or specialty shop. Enjoy operating your business in a picturesque coastal setting while serving both locals and visitors. Additionally you are only minutes away from other scenic towns like Brigus, Cupids, Port de Grave, Carbonear, Harbour Grace, Salmon Cove Sands, etc. You also approximately 1 hour drive from NLs Capital City of St. John's. Call for a viewing today! (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$395,000
Down Payment - 5%$19,750
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$3,029

Mortgage Payment
$2,249
Property Tax
$280
Insurance
$150
Utilities
$350
Down Payment
$19,750
Loan Amount
$375,250
Total Interest
$299,353

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

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Brokerage
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