21-23 Corey King Drive Mount Pearl, Newfoundland & Labrador A1N 0A5

7,500 ft2
Baseboard Heaters Acreage

$2,200,000

Own your own facility in prestigious Kenmount Business Park! This modern 7,500 sq ft building features high office content (48%), excellent highway access, and room to grow on 1.72 acres. Currently generating lease revenues from quality (2) tenants (month-to-month and 6-month existing tenant terms), 3,600 sq. ft. unit 1; 3900 sq. ft. unit 2; this property offers owner-operators the opportunity to occupy part of the building while tenants help pay the mortgage. Plus 0.82 acres of excess developable land. The total land parcel is situated within a commercial condominium corporation, allowing for flexibility in building and selling, or building and leasing, future buildings on site. Located in an area within walking distance to the new hospital under construction, where serviced commercial land trades at $450,000-$550,000 per acre, this offers immediate income while you plan your development—zoned Industrial-Light with flexible permitted uses. Rare opportunity to acquire land with income to offset carrying costs. (id:47656)

Business

Business Type Industrial, Industrial, Other, Other, Retail and Wholesale
Business Sub Type Warehouse, Industrial, General commercial, Mixed - IC&I, Specialty retail

Property Details

MLS® Number 1291169
Property Type Business
Neigbourhood Donovans

Building

Constructed Date 2015
Flooring Type Concrete Slab, Laminate
Heating Fuel Electric
Heating Type Baseboard Heaters
Size Interior 7,500 Ft2
Type Other

Land

Acreage Yes
Size Total Text 1 - 3 Acres
Zoning Description Commercial

https://www.realtor.ca/real-estate/28949555/21-23-corey-king-drive-mount-pearl

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