195 Main Street, Springdale, Newfoundland & Labrador

About 195 Main Street

This unique property represents a rare opportunity for investors and entrepreneurs keen on making their mark in the real estate world, with its expansive 30 x 50 square-foot main level, which holds the potential to be transformed into a modern living space. This area is not just spacious but also comes equipped with two bathrooms and a kitchen featuring a sliding window, perfect for those looking to venture into the food business. The kitchen's previous life as part of a take-out business offers a unique advantage, providing the infrastructure necessary. Beyond its commercial prospects, the upstairs of the property offers a 30 x 30 square-foot space that holds immense potential for conversion into a residential apartment. This area could become a cozy, spacious living quarters, perfect for generating additional income through long-term leases or tapping into the short-term rental market. The property's basement, matching the upstairs in size, offers a robust 30 x 30 square-foot concrete space ideal for storage. With zoning for both residential and commercial use, the opportunities for this property are broad and varied. The recent updates, including a new shingle roof, fresh paint, and new aluminum eaves and fascia, coupled with a 200 amp service, ensure the building is not only aesthetically pleasing but also structurally sound and ready for immediate occupancy. Its versatile nature is a standout feature, with a substantial main level that spans 30 x 50 square feet, presenting the perfect canvas for a modern apartment conversion. The inclusion of two bathrooms and a kitchen, complete with a sliding window, is particularly noteworthy. This setup is ideal for those looking to delve into the culinary world with a small take-out business, capitalizing on infrastructure left by previous occupants. The potential for creating a vibrant, income-generating property is palpable, with the ground floor alone offering vast possibilities for both residential and commercial use. (id:6289)

Listing Map