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

Listed for:
$2,200,000
0 beds
0 baths
Listed 46 days ago
Other for rent: 21-23 Corey King Drive, Mount Pearl, Newfoundland & Labrador A1N 0A5

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Learn more about this property
Listing provided by:
Royal LePage Atlantic Homestead
MLS® number:
1291169
Agent:
Zack Howard
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About

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:27476)

Property Highlights

MLS® Number
1291169
Type
Business
Ownership Type
Freehold
Land Size
1 - 3 acres

Building

Building Type
Other
Square Footage
7500 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Baseboard heaters
Heating Fuel
Electric
Building Cooling Type

Location