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3 Bayview St, Fortune, NL

Name: 3 Bayview St, For Sale in Fortune - eXp Realty
Brand: RE/MAX Infinity Realty Inc.
SKU: 1301910
Price: 325000 CAD

House

For Sale

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MLS® 1301910

Property Details
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Description

Great investment opportunity in the heart of Fortune NL. This 4, 294 sq. ft. commercial building features a strong combination of established rental income and owner-operator business potential, making it an ideal opportunity for investors, entrepreneurs, or anyone looking to diversify their portfolio. The front portion of the building is leased to Canada Post, providing dependable rental income through an existing 4-year lease, with an option to renew for an additional 10 years. Having a nationally recognized tenant offers stability and peace of mind for years to come. There is a tax preparation business currently in the building that is also for sale in addition to this listing if interested in purchasing both. Beyond its current use, the property offers excellent expansion and revenue opportunities. The rear section includes additional space that could be developed into another rental unit or customized for a variety of commercial uses, including:Café or coffee shop, Gift and souvenir store, Professional offices, Hair or beauty salon, Fitness studio. Perfectly situated in the centre of Fortune, the property is just steps from the St. Pierre and Miquelon Ferry terminal. This strategic location captures both local traffic and seasonal visitors, creating exceptional potential for businesses catering to ferry passengers and tourists. Whether you're looking for a commercial property with dependable income, a business you can step into immediately, or an investment with room to grow, 3 Bayview Street offers a rare opportunity to own a versatile commercial asset in one of Newfoundland's gateway communities. (id:58753)Show Description

Key Facts

Type Retail

Levels Commercial Sale

Size 4294 sqft

Days Active 37

Lot Size 11786

Approx. Age 1975

Avg. Price Per Sqft $75

MLS® Number 1301910

Central VacNo

FireplaceNo

Approx. Age1975

HeatElectric, Mini-Split

Additional Information

Roofing Other

Price History

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$XXX,XXXSold Price

Top Secret

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$XXX,XXXList Price

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