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$150,000
163 Days On Site

114-118 Main Street
St. Lunaire-Griquet, NF A0K2X0

For Sale|Retail|Active
0
Beds
0
Total Baths
25,000
SqFt
$6
/SqFt
1969
Built
County:

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114-118 Main Street114-118 Main Street114-118 Main Street114-118 Main Street
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Monthly Payment (Est.)

$684
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Excellent, turnkey property close to the World Heritage site at L'Anse aux Meadows. There are 4 short term rental units that generate gross income of between $60,000 and $90,000 annually, plus a large apartment either for rent or owner home. Season starts in April and May (Polar Bear and Iceberg season). Mid May through September is the busy season. The property has space for up to 18 more hotel rooms or 10 1-bdrm residencies. Ideal for investor or handyman. Property sits on almost 4 acres suitable for RV sites etc. Property overlooks beautiful Bay full of islands. This is the closest hotel to the Viking site. Owners retiring. Here's where this property stands out: -Breathtaking Views: The property boasts stunning views of the bay. -Potential for RV Park: The cleared grounds are an ideal opportunity to establish a much-needed RV park. Can take up to 10 RVs. -Versatile Interior: The building features numerous classrooms, a full gymnasium with a stage, and a former community library complete with books. -Accommodation: With modifications, the building could have 15 1-bedroom units or 25 hotel-style rooms. Income potential for short-term rentals projected to yield $175-$225 per night per room or around $900 per month long-term per room. -Proximity to Tourist Attractions: Minutes away from the World Heritage Viking site, the property benefits from a steady stream of tourists, ensuring consistent demand for accommodations throughout the tourist season. -Winter Income Potential: The high demand for student accommodations at nearby CONA can be tapped into, providing a reliable source of revenue during the off-season. -Multiple Entertainment Options: The building offers gaming arena with activities like paintball, airsoft, and Gellyball as well as an axe-throwing room and a party room, catering to all. Property is sold as-is. Any permits, plans, etc. to be responsibility of the purchaser. (id:31684)

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Listing Snapshot
Price 
$150,000
Days On Site 
163 Days
Bedrooms 
N/A
Inside Area (SqFt) 
25,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1969
MLS® Number 
1281563
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS®
4 weeks agoPrice changed to $150,000
5 months agoListing first seen on site
General Features
Property Sub Type 
Retail
SqFt Total 
25000
Interior Features
Cooling 
Flooring 
CarpetLaminateOther
Heating 
BaseboardHot WaterRadiantSpace HeaterElectric
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Exterior Features
View 
Ocean
Waterview 
Ocean

Listing courtesy of: Tony Lucas of Keller Williams Platinum Realty

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. Used under license.

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. These trademarks are owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®) and/or the quality of services they provide (MLS®).

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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