50 Durrell Street

Twillingate, NL, A0G1Y0

Listed by Royal LePage Atlantic Homestead

$1,500,000

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  • 11990 sq ft

Listed 164 days ago · MLS® 1297089

About this home

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:66966)

Details

Type
Retail
Size
11990 sq ft
Property tax
$3,151
Municipality
Twillingate

Interior

Fireplace
No
Flooring
Concrete Slab

Heating, cooling and services

Heating
Baseboard heaters, Space Heater

Building and exterior

Roof
Asphalt shingle

More

Business type
Food Services and Beverage, Retail and Wholesale

Location

Location is approximate. See nearby homes on the map

Listed by Royal LePage Atlantic Homestead.

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