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Renanza Realty
For sale

61 Elizabeth Drive

Gander, Newfoundland & Labrador

MLS® 1304750

$1,250,000

Status
Active
Property type
Office
MLS® number
1304750
Bedrooms
—
Bathrooms
—
Year built
—

Listing description

Positioned in a high-visibility, high-traffic area of Gander, 61 Elizabeth Drive offers a prime opportunity to secure a substantial commercial investment in one of the town’s most established business corridors. If you’re searching for a property that delivers on location, scale, and long-term value, this impressive building checks all the boxes. Offering over 14,000 sq.

ft. of fully refurbished office space, the property features approximately 7,127 sq. ft.

on the main level and 7,242 sq. ft. on the second floor, making it ideal for a wide range of professional, administrative, or commercial uses.

Extensively upgraded over the past 15 years, this building provides peace of mind with key improvements already in place. It is equipped with an 800-amp electrical service, baseboard heating, and roof-mounted HVAC units, ensuring functionality and efficiency for tenants or owners alike. Constructed in 1978 on a solid concrete slab, the building boasts a durable brand new 2 ply torched-on membrane roof, installed September 2026 and a low-maintenance exterior finished in brick and metal siding, combining longevity with strong curb appeal.

Adding even more value, both parking lots have been resurfaced within the past 15 years, offering ample on-site parking-a key feature for any thriving business location. This is a rare opportunity to own a well-maintained, strategically located commercial property in the heart of Gander-perfect for investors seeking a reliable income generating asset or businesses looking to establish themselves in a prominent location.

Property summary

MLS® number
1304750
Property type
Office
Building type
Offices
Title
Freehold
Land size
.74 acres
Annual property taxes
$7,340.00
Days on market
13 days

Features & details

Heating
Electric

What would this home cost you?

Based on the $1,250,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$5,816 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Sutton Group - Beatons Realty Ltd., Gander.

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.