5-69 Karwood Dr - Office CONDO FOR SALE


Paradise, NL A1L 0L3
$499,000 CAD
709-754-1454

NO PHOTO

$499,000 CAD
Office CONDO - FOR SALE
null | Request Cap Rate

5-69 Karwood Dr
Paradise, NL A1L 0L3


HIGHLIGHTS

  • Modern commercial condominium in a high-growth market.
  • Seconds from Trans-Canada Highway for superior regional access.

OVERVIEW

69 Karwood Drive offers a rare ownership opportunity in one of Newfoundland’s fastest-growing communities. This modern commercial condominium is strategically positioned just seconds from the Trans-Canada Highway, ensuring exceptional connectivity to St. John’s and surrounding areas. The 2,000 sq. ft. unit features well-appointed finishes and is currently configured for office use, making it ideal for professional services or businesses seeking a turnkey solution. The building hosts a dynamic mix of office users, retail operators, and complementary services, creating a vibrant business environment that enhances visibility and networking potential. Paradise’s strong demographics, proximity to major transportation routes, and expanding residential base make this location a prime choice for long-term investment. Ownership in this corridor provides stability and flexibility in a market where quality commercial space is limited.

FOR SALE DETAILS

PRICE

$499,000 CAD

PRICE/SF

$250 CAD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

21,413 SF

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

124

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Nikki PooleCBREMore Info
709-754-1454

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Nikki PooleCBREMore Info
709-754-1454

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.