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$450,000 451 JR Smallwood Boulevard

Gambo, Newfoundland & Labrador


INVESTMENT OPPORTUNITY! INVESTMENT OPPORTUNITY! INVESTMENT OPPORTUNITY! Welcome to 451 JR Smallwood Boulevard in Gambo! This 12,000 sq. ft. commercial building in Gambo offers THREE separate rental revenue streams! With extensive interior renovations completed just last year, it’s home to Independent Grocer, Gambo’s only grocery store and the only full-service grocery store within 20 km. Known for friendly service and well-stocked shelves, this space is currently leased by Loblaws. That’s revenue stream number one. Revenue stream number two? Two two-bedroom apartments with separate laundry facilities located at the back of the building. Both apartments are currently rented. Thirdly, there’s an ATM located at the front of the building, earning monthly rental income from Scotiabank. Collectively, these three streams generate a combined rental income of $7000 / monthly. This commercial building is the ideal opportunity for any investor who’d like to add a solid anchor to their portfolio. (id:2887)

Property Specifics:

  • MLS® Number 1265767
  • Price $450,000
  • Location Gambo, Newfoundland & Labrador
  • Building Type Retail
  • Floor Space 12000
  • Storeys 2
  • Flooring Laminate,Other
  • Heating Electric,Oil
  • Garage No

Listing Agent

This listing provided by:

Keller Williams Platinum Realty
Phone:(709) 753-4454
Agent: Craig Loder


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