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$1,500,000

0 Beds 0 Baths 11,990 SQFT 6.70 Acres
Type: Commercial

50 Durrell Street
Twillingate, NL A0G1Y0

MLS#: 1297089
Imran Khan
Imran Khan
Condo Digs
Broker of Record, Re/Max Downtown Condos Team
Phone: 416.670.6588
Presented by: Royal LePage Atlantic Homestead

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. (id:7434)


 

Interior Features

Other Interior Features

Building Fireplace PresentFalse
Building Heating TypeBaseboard heaters, Space Heater
Flooring TypeConcrete Slab, Other
Living Area Range11,990 sqft

General

AmenitiesShopping
Building TypeRetail
Business Sub TypeGrocery, General commercial, Specialty retail, Hardware/decorating
Business TypeFood Services and Beverage, Other, Retail and Wholesale, Retail and Wholesale
Ownership TypeFreehold
Property TypeRetail
Zoning DescriptionCommercial Mix

Exterior

Building Roof MaterialAsphalt shingle
Building Roof StyleUnknown
Land AmenitiesShopping

Additional Details

  

Similar Properties

$1,500,000

0 Beds 0 Baths 11,990 SQFT 6.70 Acres
Type: Commercial

50 Durrell Street
Twillingate, NL A0G1Y0

MLS#: 1297089
Imran Khan
Imran Khan
Condo Digs
Broker of Record, Re/Max Downtown Condos Team
Phone: 416.670.6588
RE/MAX Condos Plus Corp. Brokerage
45 Harbour Sq. Toronto, ON M5J 2G4

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