197-201 Main Street
Stephenville, Newfoundland & Labrador
MLS® 1294977
$450,000
- Status
- Active
- Property type
- Office
- MLS® number
- 1294977
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1970
1 / 3Listing description
Prime mixed-use investment opportunity in the heart of Stephenville. This well-located commercial building features three established business spaces on the main level, providing immediate rental income and strong street exposure in a high-traffic area. Above the commercial units, you’ll find a spacious five-bedroom residential apartment offering generous living space, a full kitchen, and comfortable layout ideal for owner-occupancy or additional rental income.
The combination of commercial and residential units creates multiple revenue streams and excellent long-term investment potential. Situated close to shopping, restaurants, and key amenities, this property offers strong visibility, steady tenancy potential, and versatility for investors seeking both commercial and residential income in one solid asset. HST Applicable
Property summary
- MLS® number
- 1294977
- Property type
- Office
- Building type
- Offices
- Square footage
- 4,202 sq ft
- Title
- Freehold
- Built in
- 1970
- Annual property taxes
- $1,581.00
- Days on market
- 178 days
Features & details
- Heating
- Heat Pump, Baseboard heaters, Electric
What would this home cost you?
Based on the $450,000 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 RE/MAX Realty Professionals Ltd. - Stephenville, Stephenville.
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.