1296 Kenmount Road
Paradise, Newfoundland & Labrador A1L1N3

This property listed for sale consists of two buildings, one at the front of the 1.19 acre lot, that's 10000 sq. ft. in size. This building is used primarily as office space (9500 sq. ft.) with a small amount of storage 500 sq.ft. The second property consists of flex space, 4000 sq.ft. in total space where tenants use varying amounts of combination of office and warehouse. Both buildings are fully leased with the larger building having one tenant, Sport NL and paying $150,000 in a year. The smaller building at the rear with three separate tenants generates approximately $60,000 in annual rental revenue. Operating expenses such as municipal property and water taxes, property insurance, snow clearing, lawn care, garbage removal, and miscellaneous maintenance expenses amount to about $58,000 in a year. The larger building was completed in 2010 and the smaller 4000 sq.ft. building was finished in 2016. The lot has been fully landscaped with paved parking in the front the larger building and paved parking in front of the smaller building. The 10000 sq. ft. building has 3rd grade level loading doors and the smaller building has two. (29029415)

This building is located at the very end of Kenmount Road in Paradise where it intersects with McNamara Drive and Bremigan's Boulevard. It's very visible and with two separate buildings on the one lot. It should be easy to spot. The front building is beige in color and rear building is a dark red in color.