88 Brdway, Corner Brook, Newfoundland & Labrador, A2H4C8, Corner Brook, NL

$329,900
Est. Mortgage /mo

MLS® 1266582

$329,900
Est. Mortgage /mo
Agent photor
Dan Marusin
Renanza Realty
709-701-3128
Go See This Home Now
lot 0 sqft
3360 sqft
1968 built
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Property details

Welcome to 88 Broadway, a premier commercial building offering 3360 square feet of prime storefront retail space in an unbeatable location. This meticulously maintained property boasts a range of modern amenities and recent renovations, making it an ideal investment opportunity for businesses seeking a vibrant and updated retail environment. KEY FEATURES: 1.Prime Storefront Retail: With an expansive 3360 square feet of space, the storefront is designed to captivate and attract customers, providing an excellent platform for businesses to thrive. 2.Additional Income Potential: One side of the building is already rented out, providing an immediate source of extra income for the savvy investor. This dual-purpose feature enhances the property's value and financial viability. 3..Extensive Renovations: 88 Broadway has undergone significant renovations, ensuring a modern and appealing atmosphere for both tenants and customers. Updates include electrical upgrades, new windows, enhanced insulation, a new roof, upgraded flooring, a renovated bathroom, and updated plumbing. 4.Lower Level Transformation: The lower level has been completely redone, offering versatile space for storage with walk-out access. This area not only adds functional square footage to the property but also provides an opportunity for customization based on specific business needs. 5.Parking Convenience: The property includes 4-6 dedicated parking spaces at the back, ensuring convenience for both customers and tenants. Ample parking enhances accessibility and adds value to the overall package. 6. Owner has another existing revenue source for potential purchaser. Whether you're a business owner looking for a prime retail location or an investor seeking a property with excellent income potential, 88 Broadway stands out as a smart and attractive choice. Don't miss the opportunity to be a part of the commercial scene in this renovated and strategically positioned retail space. (id:26763)

Location Details
Area Canada
State Newfoundland & Labrador
City Corner Brook
Postal Code A2H4C8
Property Metrics
Floor Area Total (Sq.ft) 3360
Financial Details
List Price 329,900

Neighborhood Info

Private Schools
Elementary
Immanuel Christian School
Above Average
490.63 km
No Rating
Details
Elementary
Immanuel Christian School
Above Average
490.63 km
No Rating
Details
Closest Transit
Charlottetown
Norwood Road & Friar Drive
488.05 km

The closest Elementary independent school to this home for sale located at 88 Broadway, Corner Brook, Newfoundland & Labrador, A2H4C8 is Immanuel Christian School with School's rating No Rating, located 490.63 km from this home.

The closest to this address 88 Broadway, Corner Brook, Newfoundland & Labrador, A2H4C8 Secondary independent school is Immanuel Christian School with School's rating No Rating, located 490.63 km km from this home

The freshest crime data from Statistics Canada are from 2020. There were 1,121 volation disturbances in this neighbourhood. The overall crime rate near the address - 88 Broadway, Corner Brook, Newfoundland & Labrador, A2H4C8, Corner Brook, NL is 5,762.01. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -5.50%

Drug crime rate next to the listing for sale MLS® 1266582 is Low comparing to other neighbourhoods. The illegal substances offences rating is 56.54. This is the amount of drug crime incidents per 100,000 population. There were 11 illegal substances lawbreaking disturbances in this city in 2020. Year by year change in the illegal substances offences ranking is -14.90%

Property crimes in the neighbourhood close to real estate listing for sale 88 Broadway, Corner Brook, Newfoundland & Labrador, A2H4C8 are Below Average. Property misconduct rating adjacent to MLS® 1266582 is 2,215.37. There were 431 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -21.70%

There were 322 violent lawbreaking disorders in 2020. 1,655.10 and it is Above Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 25.60%

The closest Bus station is Norwood Road & Friar Drive in 488.05 km away from this listing with - MLS® 1266582.

15.7% of people with university certificate/degree live in this neighbourhood adjacent to the 88 Broadway, Corner Brook, Newfoundland & Labrador, A2H4C8 which is Average in comparison with other BC neighbourhoods. 19.2% of population in this neighbourhood that is near the Listing MLS® 1266582 have no certificate or degree. This number is Average compared to the average in BC.

Median Household Income near this dwelling with the address 88 Broadway, Corner Brook, Newfoundland & Labrador, A2H4C8, Corner Brook, NL is $58002 which is Below Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® 1266582 is $31145 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 52.5% which is Below Average.

Unemployment rate in the area around MLS® Listing # 1266582 is 13.3 which is High in comparison to the other province neighbourhoods.

This real estate is located in 88 Broadway, Corner Brook, Newfoundland & Labrador, A2H4C8 where population change between 2011 and 2016 was -0.4%. This is Below Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 88 Broadway, Corner Brook, Newfoundland & Labrador, A2H4C8, Corner Brook, NL is 133.6 which is Below Average people per sq.km.

Average size of families in the area adjacent to home for sale 88 Broadway, Corner Brook, Newfoundland & Labrador, A2H4C8 is 2.6. This is Low number in comparison to the whole region. Percent of families with children near by the MLS® - MLS® 1266582 is 52.8% and it is Below Average. % of Married or living common law is around 57.3% and it is Average.

Average age of the population close to the 88 Broadway, Corner Brook, Newfoundland & Labrador, A2H4C8 is 45.3 . This percentage is Above Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 88 Broadway, Corner Brook, Newfoundland & Labrador, A2H4C8, Corner Brook, NL is $232093 and this is Below Average comparing to other areas in British Columbia

Average Owner payments are Below Average in the area adjacent to 88 Broadway, Corner Brook, Newfoundland & Labrador, A2H4C8. $1033 owners spent in average for the dwelling. Tenants are paying $792 in this district close to MLS® 1266582 and it is Below Average comparing to other cities.

37.3% of Population in this district near the 88 Broadway, Corner Brook, Newfoundland & Labrador, A2H4C8 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 88 Broadway, Corner Brook, Newfoundland & Labrador, A2H4C8, Corner Brook, NL is 5%, it is Below Average, % of English speakers only is 94.9% and Above Average. % of Neither English nor French speakers close to home for sale 88 Broadway, Corner Brook, Newfoundland & Labrador, A2H4C8, Corner Brook, NL is 0.1% and it is Low comparing to other BC cities.

1.9% of all population in the area around this property with the address 88 Broadway, Corner Brook, Newfoundland & Labrador, A2H4C8, Corner Brook, NL using Public Transport which is Low, 87.8% of using population are using Cars around MLS® 1266582, which is Average. 0.4% of people using Bicycles around the 88 Broadway, Corner Brook, Newfoundland & Labrador, A2H4C8 and it is Low. 8.4% of population are walking which is Above Average

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Local Info

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Home Price
Down Payment
Interest Rate
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/month
Principal & Interest
Property Taxes $202
Maintenance fee 0

Listing Price Comparision

This house $1,400,000
Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Agent photor
Dan Marusin
Renanza Realty
709-701-3128
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