$399,900

About this property

Prime commercial opportunity on Airport Road. Situated on a large lot measuring approximately 78' x 249' x 101' x 196', this Commercial Highway (CH) zoned property offers exceptional exposure, flexibility, and long-term development potential in one of St. John's most strategic commercial corridors. Located just minutes from St. John's International Airport, Stavanger Drive, the Trans-Canada Highway, major retailers, restaurants, schools, and recreation facilities, the property benefits from strong traffic flow and excellent accessibility. Commercial Highway zoning permits a wide variety of potential uses including offices, retail, service-based businesses, clinics, warehouses, hotels, restaurants, commercial schools, and other commercial applications, subject to municipal approvals. Currently improved with a residential bungalow generating rental income of $1,500 per month POU, investors can benefit from immediate cash flow while exploring future development or business opportunities. The property also includes a detached 16' x 20' wired garage/workshop, storage shed, ample parking, and a mature treed setting. Whether you're seeking a future business location, redevelopment opportunity, investment property, or land holding asset, 85 Airport Road offers outstanding potential in a rapidly growing area with strong long-term prospects. Tenant occupied. A minimum of 24 hours' notice is required for all showings. (id:66946)

Features