87-89 Water Street, Main Brook, Newfoundland & Labrador A0K 3N0

Listed for:
$300,000
0 beds
0 baths
Listed 199 days ago
Commercial Mix for rent: 87-89 Water Street, Main Brook, Newfoundland & Labrador A0K 3N0

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Listing provided by:
HomeLife Experts Realty Inc.
MLS® number:
1257643
Agent:
Kevin Simms
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About

Hare Bay Stores Limited, 87-89 Water Street, Main Brook Newfoundland and Labrador is a Full Service, Three Checkout Supermarket also offers Dry Goods. Patent Medicine. Wool and Yard Goods. Paint and Plumbing Supply. Convenience Store. Liquor Sales. This Modern Well Built and Well Maintained Community 'Go-To' Retail Business Has Excellent Community Support also Is Bolstered by Seasonal Influxes of Salmon Fishing, Big Game Hunting and Snow Sport Enthusiasts. Its Water Front Location offers a Scenic Ocean View That Could Support Indoor and Outdoor Coffee Shop Possibilities. This business is totally debt-free and has for the past twenty-six years provided its three working partners and an employee with a good living; and is still doing so. Retirement is the only reason for selling. The business is totally independent and has a working agreement with the Newfoundland and Labradoor FoodEx Supermarket chain. Main Brook is located on scenic Hare Bay on the Northern tip of Newfoundland's Great Northern Peninsula and is accessible by highway and is less than 30 km. from St. Anthony Regional Airport YAY. And it is also accessible by boat and once was an international pulp log shipping port. With new vision, energy, and marketing skills this property has possible potentials which could include converting unused space into a living accommodation for the new owner and/or a B&B type rental unit. Plus attracting an increased volume of business patronage from local and regional residents. (id:27476)

Property Highlights

Type
Commercial Mix
Cooling type
Heating fuel
Oil
Fireplace
No
Construction material
Parking space
Ownership Type
Freehold
Amenities nearby

Location

Summary

This property is being offered for sale and is characterized by its ownership type, which is Freehold.

Located at 87-89 Water Street in Main Brook, Newfoundland and Labrador, Hare Bay Stores Limited is a full-service supermarket with three checkout counters. In addition to groceries, it also offers dry goods, patent medicine, wool and yard goods, paint and plumbing supplies, and liquor sales. The business is well-built and well-maintained, serving as a central retail hub for the community and benefiting from seasonal influxes of salmon fishing, big game hunting, and snow sports enthusiasts. Its waterfront location provides a scenic ocean view, making it a potential site for indoor and outdoor coffee shop ventures.

Operating for the past twenty-six years, the business has been debt-free and has provided a good living for its three working partners and an employee. The decision to sell is driven by retirement, as the owners are looking to pass on the business. The supermarket is independent but has a working agreement with the Newfoundland and Labrador FoodEx Supermarket chain. Main Brook is situated on Hare Bay, accessible by highway and less than 30 km from St. Anthony Regional Airport YAY. It was once an international pulp log shipping port and is accessible by boat.

With the potential for new vision, energy, and marketing skills, the property offers opportunities to convert unused space into living accommodations for the new owner or a rental unit. There is also potential to attract increased business patronage from local and regional residents.

The property has a land size ranging from 4,051 to 7,250 sqft and is heated using oil as the fuel source. The heating type is forced air, and the property is classified as a Commercial Mix.