
Food Services and Beverage For Sale
$1,500,000
MLS® Number: 1297089
Floor Area
11,990
Food Services and Beverage For Sale
$1,500,000
Floor Area
11,990
50 Durrell Street, Twillingate, Newfoundland & Labrador
About This Property
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.
Property Details
Interior Details
Flooring
Other, Concrete Slab
Heating
Baseboard heaters, Space Heater
Living Area
11990 sqft
Land & Location
Lot Size Dimensions
6.7 acres
Postal Code
A0G1Y0
Listing & Financials
Listing Office
Royal LePage Atlantic Homestead
Originating System Name
Newfoundland & Labrador Association of REALTORS®
Other Specifications
Common Interest
Freehold
Country
Canada
Listed By
Royal LePage Atlantic Homestead
Mortgage Calculator
Estimated Monthly Payment
$7,369
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$7,369
Principal and interest only. Actual rates may vary.