1/23238 Lemarchant Road, St. John's
238 Lemarchant Road, St. John's, Newfoundland & Labrador A1E2Z1
Price on request
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Asset Class
Office
Size
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Building class
C
Zoning
CB2 — Central Business
$ / SF
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Occupancy
93%
About this property
Prime opportunity to lease the bottom floor of a fully renovated, commercial building in St. John’s west. Centrally located with excellent accessibility and 21 parking spaces, this versatile building is ideal for a wide range of business uses. Previously operated as a mental health clinic, insurance sales office and retail store selling medical supplies. the property is thoughtfully designed and move in ready, while offering flexibility for professional offices, medical practices, or other commercial ventures. The lower level of the building features 6 private offices, providing ample space. Additional highlights include a bathroom and a staff kitchen area, ensuring comfort and convenience for both employees and clients. Call for more details! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$80K
Annual cash flow
$-3K
Cash-on-cash
-0.69%
DSCR
0.96
Going-in cap
5.34%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
57,364
Households
26,140
Median income
$135,500
Median age
36.2
Daytime population
85,316
5-yr growth
8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 238 Lemarchant Road, St. John's.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.