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Home NL Greater St. John's St. John's Glenridge Crescent
70 Portugal Cove Road
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70 Portugal Cove Road $679,900
$679,900
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70 Portugal Cove Road
St. John's, Newfoundland & Labrador A1B2M3

MLS® Number: 1274779

Listing Description

Presenting an exceptional opportunity to acquire or lease a meticulously maintained commercial building, ideally situated in the heart of St. John’s. This prime property occupies a 12,615 sq. ft. corner lot at the intersection of Portugal Cove Road and Argyle Street, just below Elizabeth Avenue. The strategic location offers excellent visibility, easy accessibility, and 23 paved parking spaces. The main floor is currently tenanted, providing attractive rental income and enhancing the property’s investment appeal. The building features a fire-rated glass front entrance, air conditioning, and washroom facilities on each floor. The versatile interior layout includes a mix of private offices, open workspaces, and two boardrooms, making it well-suited for a variety of professional uses. Additionally, three office units are available for lease, including 770 sq. ft. on the upper level and 2,697 sq. ft. and 207 sq. ft. on the lower level, which can be combined for a total of 2,904 sq. ft. This property is also listed for lease under MLS® 1284004. (28431339)

Property Summary

Property Type
Business
Building Type
Other
Storeys
2
Title
Freehold
Land Size
12615 SF|10,890 - 21,799 sqft (1/4 - 1/2 ac)
Annual Property Taxes
$15,934.16
Time on REALTOR.ca
294 days

Price and Sale History

Date Status Price
Jan 16, 2020 Sale Closed $585,000

Building

Building Features
Present Use
Other
Building Amenities
Air Conditioning
Heating & Cooling
Heating Type
Radiant heat
Business
Business Type
Other (General commercial)

Measurements

Square Footage
5904 sqft

Land

Other Property Information
Zoning Description
Commercial
Data provided by: Newfoundland & Labrador Association of REALTORS® 28 Logy Bay Road, St John's, Newfoundland & Labrador A1A 1J4
LLOYD NASH