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Home NL Division No. 3 Channel-Port aux Basques
16 A/B and 18 Currie Avenue
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16 A/B and 18 Currie Avenue $1,300,000
$1,300,000
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16 A/B and 18 Currie Avenue
Port aux Basques, Newfoundland & Labrador A0M1C0

MLS® Number: 1285222

Listing Description

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 addition to the business is showing steady growth in peak tourist season. 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. (29620935)

Property Summary

Property Type
Other
Building Type
Other
Title
Freehold
Land Size
5312.8 sq m|1 - 3 acres
Annual Property Taxes
$12,000
Time on REALTOR.ca
218 days

Building

Interior Features
Flooring
Mixed Flooring
Building Features
Present Use
Other, Residential Only
Heating & Cooling
Heating Type
Baseboard heaters, (Electric)
Business
Business Type
Other (Other), Residential (Residential)

Land

Other Property Information
Access
Year-round access
Zoning Description
Comm.
Data provided by: Newfoundland & Labrador Association of REALTORS®
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SCOTT STRICKLAND