28 Old Settlement Hill, Placentia, Newfoundland & Labrador

About This Property

Unique 2.8-acre mixed-use property with five different types of structures with different uses offering an exceptional opportunity just minutes from the Port of Argentia and overlooking beautiful Placentia Bay. The property features 5 large greenhouses, a renovated primary residence, a modern two-story garage/apartment building, short-term accommodation units, and an impressive 11,760 sq. ft. warehouse facility. Newer building includes a spacious apartment currently generating rental income, while the warehouse offers outstanding potential for industrial, storage, fabrication, or commercial operations. Previously used for worker accommodations, the trailer units provide ten bedrooms and ten bathrooms, kitchen and laundry facilities, and large patio deck, supporting potential industrial or seasonal workforce demand. Zoned approximately 20% residential (frontage) and 80% commercial, the property presents excellent flexibility for industrial, tourism, agricultural, contractor yard, logistics, or mixed-use development opportunities. With significant infrastructure already in place, spectacular ocean views, and proximity to major marine & industrial activity, this property offers tremendous potential.