50 Durrell Street, Twillingate, Newfoundland & Labrador A0G 1Y0

Listed for:
$1,500,000
0 beds
0 baths
Listed 6 days ago
Retail for rent: 50 Durrell Street, Twillingate, Newfoundland & Labrador A0G 1Y0

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About

RETAIL BUSINESS INVESTMENT IN THE HEART OF Tourism Central, Twillingate. Durrell One-Stop Limited (operating under the Stuckless Value Grocer) combines stable, essential-service cash flow with untapped real estate upside. Multi-dept. operation including groceries, dry goods, hardware, butcher, ice-cream/cakes made in house. The 11,990 Square Feet building sits on 6.70 acres of land. This long-standing business is being sold through an asset sale with owners planning towards retirement. Calling entrepreneurs who are looking to prosper in a lifestyle that offers deep community spirit and a closer setting to the traditional way of life. Grocery store business comes complete with refrigeration units (updated 2015), shelving, multiple fridges, walk-in freezer, warehouse in rear. Canada Post is a tenant of the building, providing increased foot traffic for retail sales. In addition to the business this site is perfectly positioned for a mixed-use conversion or a large-scale seniors' housing project to meet the region’s growing demographic needs. Attractive seller financing (VTB) may be available for a qualified purchaser. (id:27476)

Property Highlights

MLS® Number
1297089
Type
Retail
Ownership Type
Freehold
Land Size
6.7 acres|5 - 10 acres

Building

Building Type
Retail
Square Footage
11990 sqft
Amenities
Shopping
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Baseboard heaters, Space Heater
Heating Fuel
Building Cooling Type

Location

Learn more about this property
Listing provided by:
Royal LePage Atlantic Homestead
MLS® number:
1297089
Agent:
Zack Howard
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