$1,300,000 FOR SALE

Multiplex

16 A/B And 18 Currie Avenue
Port Aux Basques, NL A0M 1C0

Now offering this one-of-a-kind investment opportunity in downtown Port aux Basques. The well-established Shark Cove Suites and Rentals is a turn-key opportunity waiting for new owners. This package includes two apartment buildings, a warehouse-style building with 2 residential units, and a serviced RV park area. The first building, 16 A Currie Avenue, has six two- bedroom units and two one-bedroom units. The second building, 16B Currie Avenue, has six three-bedroom units. The third building, 18 Currie Avenue, has two residential units, for a total of sixteen units in all. Twelve of the sixteen units come fully furnished. All units have their own laundry facility. These units can be utilized as long-term, weekly, or daily rentals, or a combination of the three. 18 Currie Avenue, the former Follows Wholesale building and later the Shark Cove Restaurant and Lounge, has two residential units upstairs and loads of space on the main floor to develop into additional business ventures or simply use as storage. Also included is a recently developed RV park with 18 serviced units for those travelers awaiting a ferry crossing or a long cross-island trek. This well-established business is a turn-key opportunity with growth potential. If you are in the market to broaden your investment portfolio or be your own boss, contact today to find out more. (id:47423)

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Listed By Hanlon Realty
Data Provided By Newfoundland & Labrador Association of REALTORS®
MLS® Listing Number 1255219
Last Updated Feb 20, 2024
Property Summary
Property Type Multiplex

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Use Residential
Price History
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Detailed Information
Listing Contract Date 2023-02-21
Ownership Type Freehold
Property Type Multi-family
Transaction Type For sale
Zoning Description Comm.
Business
Business Type Residential
Business Subtype Residential
Building
Flooring Type Mixed Flooring
Heating Fuel Electric
Heating Type Baseboard heaters
Type Residential Commercial Mix
Land
Total Size 5312.8 sq m | 1 - 3 acres
Access Type Year-round access
Acreage Yes
Size of Irregular Land 5312.8 sq m

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