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88 Broadway, Corner Brook, Newfoundland & Labrador, A2H 4C8

MLS® # 1266582
Commercial For Sale In Corner Brook, Newfoundland and Labrador
$329,900
88 Broadway, Corner Brook, NL
88 Broadway, Corner Brook, NL
88 Broadway, Corner Brook, NL
88 Broadway, Corner Brook, NL
88 Broadway, Corner Brook, NL
88 Broadway, Corner Brook, NL
88 Broadway, Corner Brook, NL
88 Broadway, Corner Brook, NL
88 Broadway, Corner Brook, NL
88 Broadway, Corner Brook, NL
88 Broadway, Corner Brook, NL
88 Broadway, Corner Brook, NL
88 Broadway, Corner Brook, NL
88 Broadway, Corner Brook, NL
88 Broadway, Corner Brook, NL
88 Broadway, Corner Brook, NL
88 Broadway, Corner Brook, NL
88 Broadway, Corner Brook, NL
88 Broadway, Corner Brook, NL
88 Broadway, Corner Brook, NL
88 Broadway, Corner Brook, NL
88 Broadway, Corner Brook, NL
88 Broadway, Corner Brook, NL
88 Broadway, Corner Brook, NL
88 Broadway, Corner Brook, NL
88 Broadway, Corner Brook, NL
88 Broadway, Corner Brook, NL
88 Broadway, Corner Brook, NL
88 Broadway, Corner Brook, NL
88 Broadway, Corner Brook, NL
88 Broadway, Corner Brook, NL
88 Broadway, Corner Brook, NL
88 Broadway, Corner Brook, NL
88 Broadway, Corner Brook, NL
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ACTIVE
88 Broadway, Corner Brook, Newfoundland & Labrador, A2H 4C8
$329,900

Property Information:

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:27)

Building Features:

  • Style: Retail
  • Building Type: Retail
  • Amenities: Air Conditioning
  • Floor Space: 3360 Square Feet
  • Flooring Type: Carpeted, Ceramic Tile, Other
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric

Property Features:

  • OwnershipType: Freehold
  • Property Type: Retail
  • Built in: 1968
  • Floor Space (approx): 3360.00 Square Feet
  • Irregular: Yes
  • Lot Size: 50 100
  • Zoning: Comm.

Courtesy of: K.S.A.B. Construction Ltd.

REALTOR.ca  

Location of 88 Broadway, Corner Brook, Newfoundland & Labrador, A2H 4C8

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Relatively Low

25 hot days expected in 2050

Projected Storm Risk: Very High

15 storms expected in 2050

Projected Heat Risk: Relatively Low

25 hot days expected in 2050

18/100

Relatively Low

ClimateCheck®

Current data

This property, 88 Broadway , experiences 7 hot days per year at around 25.5 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 25 hot days at 28.3 degrees Celsius.

Projected Avg. Temperature

Past
25.5℃
2050
28.3℃

# Hot Days Per Year

Past
7
2050
25

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

15 storms expected in 2050

71/100

ClimateCheck®

Current data

This property, 88 Broadway , experiences 12 significant 2-day storms per year, with about 345.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 15 significant 2-day storms with 459.6mm of precipitation per year.

Precipitation Per Storm

Past
345.5mm
2050
459.6mm

48-Hour Storms Per Year

Past
12
2050
15

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 88 Broadway, Corner Brook, Newfoundland & Labrador, A2H 4C8

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$84,824.16

Average Number of Children

1.45

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.44 %

High school certificate or equivalent

35.39 %

Apprenticeship trade certificate/diploma

11.35 %

College/non-university certificate

26.16 %

University Degree

10.66 %

Commuter

Travel To Work

By Car

82.78 %

By Public Transit

1.04 %

By Walking

6.28 %

By Bicycle

0.0 %

By Other Methods

9.9 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

7.95 %

Houses

92.05 %

Own Vs. Rent