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Listed by Royal LePage Atlantic Homestead
$ 1,500,000
Est. payment /mo
Active
50 Durrell Street Twillingate, NL A0G 1Y0
11,990 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 11,990 sqft
Price per Sqft $125
MLS Listing ID 1297089
Annual Tax Amount $3,151
Lot Dimensions 6.7 acres
Source NLAR
Property Description
RETAIL BUSINESS INVESTMENT IN THE HEART OF Tourism Central, Twillingate. Durrell One-Stop Limited (operating under the Stuckless Value Grocer) combines stable, essential-service cash flow with untapped real estate upside. Multi-dept. operation including groceries, dry goods, hardware, butcher, ice-cream/cakes made in house. The 11,990 Square Feet building sits on 6.70 acres of land. This long-standing business is being sold through an asset sale with owners planning towards retirement. Calling entrepreneurs who are looking to prosper in a lifestyle that offers deep community spirit and a closer setting to the traditional way of life. Grocery store business comes complete with refrigeration units (updated 2015), shelving, multiple fridges, walk-in freezer, warehouse in rear. Canada Post is a tenant of the building, providing increased foot traffic for retail sales. In addition to the business this site is perfectly positioned for a mixed-use conversion or a large-scale seniors' housing project to meet the region's growing demographic needs. Attractive seller financing (VTB) may be available for a qualified purchaser.
Location
Province NL
Zoning Commercial Mix
Interior
Heating Baseboard, Space Heater
Cooling Baseboard, Space Heater
Inclusions An equipment list, including freezer and condenser units can be provided.
Exterior
Roof Type Shingle - Asphalt
