126 Main Road, Dildo, Newfoundland & Labrador

$380,000

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5,600

Square feet

About 126 Main Road

Located in the scenic and tourist town of Dildo, just approximately 1 hour and 10 minutes from St. John's, this well-maintained commercial building offers an exceptional investment opportunity with endless potential. Boasting approximately 5,600 square feet of space, the building features two floors, six separate units, each with its own electrical meter, making it ideal for multiple tenants or a variety of business ventures. Inside you'll find five bathrooms, one full kitchen, and an additional kitchenette/sink area, providing flexibility for many different uses. There is also an abundance of storage throughout the building, including a large dedicated storage room. Three of the six units are currently occupied, with existing tenants including a small restaurant, a nail salon, and another salon. Tenants pay their own utilities, making this an attractive income-producing property. The current owners have taken exceptional care of the building, and their pride of ownership is evident throughout. Recent updates include new shingles (approximately 5 years ago), a new well pump (2021), new rear deck stairs (2021), and updated flooring in some areas (2020). Over the years, the property has successfully accommodated a variety of businesses, including a pet grooming salon, tattoo studio & barber shop, demonstrating its versatility and broad commercial appeal. An added bonus is the incredibly low operating costs, with no property taxes and only a $200 annual garbage disposal fee per unit. Subject to the necessary approvals, the layout may also lend itself to conversion into seniors' apartments, a long-term care facility, or other residential or mixed-use developments. Whether you're looking to expand your investment portfolio, establish a thriving business hub, or explore redevelopment opportunities, this property offers outstanding potential. HST is the responsibility of the purchaser. (id:6289)

More Info on this Commercial Mix MLS® listing

126 Main Road is a commercial mix listing for sale in Dildo. The MLS® number is 1300977. It was built in 1996 and covers 5,600 square feet. It's currently listed for $380,000. For more details on MLS® 1300977, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This commercial mix listing in Dildo is available now!

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Features of 126 Main Road

Listing # 1300977
Price $380,000
Square Footage 5,600
Year Built 1996
Type Retail
Sub-Type Commercial Mix

Community Information

Address 126 Main Road
City Dildo
Province Newfoundland & Labrador
Postal Code A0B1R0

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Baseboard heaters, Electric
Fireplace No
# of Stories 2
Has Basement No

Exterior

Lot Description 100X200

Additional Information

Zoning Commercial

Listing Details

Listing Map

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