95 Lemarchant Road photo 11 / 50

MLS #1297230

95 Lemarchant Road

St. John's

$995,000

9,654 sqft
Office
Source Listing

Property Details

Situated in a high visibility, prime city centre location with ample rear parking lot, this purpose built medical services/office building presents a unique opportunity! With 3 developed levels, including the walk out basement, this well-constructed building consists of central lobby area, multiple self-contained spaces (ideal for independent tenants if desired), offices, boardroom, kitchenettes, open area for pod systems, several bathroom facilities and storage, allowing for a variety of uses. The accessible main level (~4400 square feet) has a vacant space of 3500 square feet, ideal for an owner occupied tenant. Two wonderful long-term tenants currently occupying a portion of the main level and entire second floor. The walk out basement also has vacant space. Building has been well-maintained by current owner with roof covering and parking lot recently replaced. Great city and harbour views from the rear! Great opportunity exists, with on site parking, and easy access to bus route! (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$995,000
Down Payment - 8%$79,600
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$6,691

Mortgage Payment
$5,486
Property Tax
$705
Insurance
$150
Utilities
$350
Down Payment
$79,600
Loan Amount
$915,400
Total Interest
$730,254

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

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