451 Jr Smallwood Boulevard Gambo, Newfoundland & Labrador A0G 1T0
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$450,000
INVESTMENT OPPORTUNITY! INVESTMENT OPPORTUNITY! INVESTMENT OPPORTUNITY! Welcome to 451 JR Smallwood Boulevard in Gambo! This 12,000 sq. ft. commercial building in Gambo offers THREE separate rental revenue streams! With extensive interior renovations completed just last year, it's home to Independent Grocer, Gambo's only grocery store and the only full-service grocery store within 20 km. Known for friendly service and well-stocked shelves, this space is currently leased by Loblaws. That's revenue stream number one. Revenue stream number two? Two two-bedroom apartments with separate laundry facilities located at the back of the building. Both apartments are currently rented. Thirdly, there's an ATM located at the front of the building, earning monthly rental income from Scotiabank. Collectively, these three streams generate a combined rental income of $7000 / monthly. This commercial building is the ideal opportunity for any investor who'd like to add a solid anchor to their portfolio. (id:17991)
Business
| Business Type | Food Services and Beverage, Retail and Wholesale, Residential |
| Business Sub Type | Grocery, Specialty retail, Residential |
Property Details
| MLS® Number | 1265767 |
| Property Type | Retail |
| Amenities Near By | Recreation, Shopping |
Building
| Amenities | Laundry Facility, Living Accommodation |
| Fireplace Present | No |
| Flooring Type | Laminate, Other |
| Heating Fuel | Electric, Oil |
| Stories Total | 2 |
| Size Interior | 12000 Sqft |
| Type | Retail |
Land
| Access Type | Year-round Access |
| Acreage | No |
| Land Amenities | Recreation, Shopping |
| Size Total Text | .5 - 9.99 Acres |
| Zoning Description | Mixed |
https://www.realtor.ca/real-estate/26301717/451-jr-smallwood-boulevard-gambo
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
The Newfoundland & Labrador Association of REALTORS®
Keller Williams Platinum Realty
November 23 2023 12:12:14
