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Listed by HomeLife Experts Realty Inc.
$ 1,100,000
Est. payment | /mo
$ 1,100,000
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1300510
Annual Tax Amount $5,000
Lot Dimensions 1 ACRE
Source NLAR
Property Description
Attention Investors, Developers & Business Owners!
This is a rare opportunity to acquire just over one acre of prime real estate in Mount Pearl.
Zoned Residential High Density, this property offers exceptional redevelopment potential while providing immediate income opportunities. The existing building features three commercial units, plus an additional commercial unit located at the rear of the property, allowing buyers to continue generating rental income, establish a new business venture, or hold the property while planning future development.
Bordering the scenic Grand Concourse walking trail, this highly visible and accessible location is ideally suited for a wide range of residential projects. With high-density zoning already in place, the possibilities include a seniors' living complex, townhouse development, apartment building, or another residential project(subject to municipal approvals.)
Whether you're looking to expand your investment portfolio, launch a new commercial venture, or unlock the full development potential of this exceptional parcel, this property offers flexibility, location, and long-term value.
Opportunities like this are rarely available in Mount Pearl. Secure this outstanding development site today and bring your vision to life!
This is a rare opportunity to acquire just over one acre of prime real estate in Mount Pearl.
Zoned Residential High Density, this property offers exceptional redevelopment potential while providing immediate income opportunities. The existing building features three commercial units, plus an additional commercial unit located at the rear of the property, allowing buyers to continue generating rental income, establish a new business venture, or hold the property while planning future development.
Bordering the scenic Grand Concourse walking trail, this highly visible and accessible location is ideally suited for a wide range of residential projects. With high-density zoning already in place, the possibilities include a seniors' living complex, townhouse development, apartment building, or another residential project(subject to municipal approvals.)
Whether you're looking to expand your investment portfolio, launch a new commercial venture, or unlock the full development potential of this exceptional parcel, this property offers flexibility, location, and long-term value.
Opportunities like this are rarely available in Mount Pearl. Secure this outstanding development site today and bring your vision to life!
Location
Province NL
Zoning RES HI DEN
Interior
Heating Other
Cooling Other
Exterior
Roof Type Other
Nearby Locations
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