Address
82-86 Bauline Line Torbay, NL
Price
$ 565,000
Property Attributes
  • ID#1223738
  • TypeCommercial
  • CityTorbay
  • Postal CodeA1K 1H5
  • StyleSales/service
  • Price$ 565,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6472
Listing Provided Courtesy Of:
Hanlon Realty
Data Source:
Canadian Real Estate Association
Property Description

Attention investors! This property contains a retail store front and 5 registered apartment units. The commercial space features a large cooler and some shelving and has recently been upgrade to have air conditioning. There are also several smaller rooms which can be used for offices and added storage. The units consist of 3 two bedroom apartments and 2 three bedroom apartments. One of which has 10ft ceilings! And has access to a private fenced backyard. All units have their own laundry and are rented to long term tenants who wish to remain. The property was appraised in 2019 for close to $650 000 and brings in approximately $87 000 a year in rental income. The town will also consider an additional building, of up to 2100sq/ft to be built on the property. (id:7434)

General Features

Building Type Other
Business Sub Type Sales/service
Business Type Retail and Wholesale
More Information Link https://www.realtor.ca/real-estate/22627053/82-86-bauline-line-torbay
Property Type Retail
Zoning Description Comm.

Interior Features

Building Fireplace Present False
Building Heating Fuel Electric
Building Heating Type Heat Pump, Hot water radiator heat
Flooring Type Laminate, Mixed Flooring, Other

Exterior Features

Fence Type Partially fenced

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in A1K 1H5

Price
AVG $380K
$570K
Visits
AVG 171
9
Year Built
AVG 1974
1974