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Listed by Keller Williams Platinum Realty

$ 299,000

Est. payment | -/mo

3 Beds

3 Baths

3,499 SqFt

Save

$ 299,000

Est. payment | -/mo

Save

3 Beds

3 Baths

3,499 SqFt

Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 3,499 sqft

Price per Sqft $85

MLS Listing ID 1302606

Style Detached,2 Storey

Bedrooms 3

Full Baths 1

Half Baths 2

Year Built 1976

Annual Tax Amount $2,318

Tax Year 2026

Lot Dimensions 100 x 80

Property Sub-Type Other

Source NLAR

Property Description

If you've been searching for a property with exceptional versatility and income potential, this approximately 3,000 sq. ft. building offers an opportunity worth exploring. Currently configured with a convenience/fabric store, a former hair salon and an existing residential unit, the building lends itself to a variety of future uses. Please note that the existing business is not included in the sale. The second floor features an approximately 875 sq. ft., 3-bedroom, 1-bathroom residential unit that could provide immediate rental income, with an estimated rental potential of approximately $1,500 per month. On the main floor, a separate area formerly operated as a hair salon provides another opportunity. With some reconfiguration and expansion into adjoining space, this area could potentially be converted into a comfortable 2-bedroom apartment. The large main store area offers even more possibilities and could potentially become a third residential unit. For someone interested in an investment property, the building could potentially be transformed into a three-unit residential property, subject to municipal approvals, zoning and any required permits. Prefer a commercial component? The main level could continue to accommodate a convenience store or potentially another type of business while maintaining residential rental income above.
The property also has two separate basement areas, one with a concrete floor and the other with a gravel floor, providing plenty of additional storage and utility space.
And then there's the view! The spectacular surroundings add another dimension to the property and could make future residential units especially appealing.

Whether your vision is residential, commercial, income-producing, or a combination of all three, this property provides a unique opportunity to create something that works for you. With an existing residential unit and substantial space available for redevelopment, there are plenty of possibilities to explore.

Location

Province NL

Zoning Residential

Interior

Heating Baseboard, Electric

Cooling Baseboard, Electric

Inclusions Fridge and Stove in Rental Unit on Second Floor

Equipment None

Exterior

Exterior Feature Vinyl

Parking Features None

Roof Type Shingle - Asphalt

Building

Foundation Concrete, Poured Concrete, Walkout

Sewer Municipal

Water Municipal

Schools

Elementary Schools Sacred Heart

Middle Schools Pierce Regional High

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(709) 697-3853

dave.noseworthy@exprealty.com

332 Marine Drive Little Bay, NL A0E 1N0

Key Details

Location

Interior

Exterior

Building

Schools

Nearby Locations

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332 Marine Drive