1959-1961 Topsail Road
Paradise, Newfoundland & Labrador
MLS® 1300592
$1,400,000
- Status
- Active
- Property type
- Retail
- MLS® number
- 1300592
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1929
1 / 44Listing description
Licensed commercial event venue, restaurant, and 5. 4-acre development property on Topsail Road in Paradise, Newfoundland. This is not a standard restaurant sale.
The Woodstock is a multi-use hospitality asset combining an operating restaurant and bar, a rare outdoor event licence for 650+ persons, 76 paved parking spaces, and commercially zoned acreage in one of Atlantic Canada's fastest-growing communities. The main building, constructed in 1929 on a site with origins dating to 1820, features 5 dining rooms, 8 bathrooms, a fully equipped commercial kitchen with new walk-in cooler, new flooring in the main dining room, 2 mini-split heating units, and built-in speakers throughout. The freehold sale includes the building, land, and interior assets.
The rear yard holds a municipal event license for outdoor gatherings of 650 persons, a rare and difficult to obtain permit in Newfoundland and Labrador. The licensed outdoor venue is suited for weddings, festivals, corporate events, and concerts, with ample on site parking to support large scale events. The 5.
4-acre commercially zoned lot presents significant development optionality. Potential uses are endless. Commercial land of this scale and visibility on Topsail Road in Paradise is not readily available in the current market.
The Woodstock sits minutes from the Trans-Canada Highway interchange in Paradise with direct access to the St. John's Metro Area and CBS corridor.
Property summary
- MLS® number
- 1300592
- Property type
- Retail
- Building type
- Special Purpose
- Title
- Freehold
- Land size
- 5.4 acres
- Built in
- 1929
- Annual property taxes
- $18,459.00
- Days on market
- 36 days
Features & details
- Heating
- Electric, Other
What would this home cost you?
Based on the $1,400,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Royal LePage Vision Realty, Mount Pearl.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.