34 Broadway photo 11 / 15

MLS #1257564

34 Broadway

Corner Brook

$229,000

5,358 sqft
Other
Source Listing

Property Details

A piece of Corner Brook history. The Palace was est. back in 1936 and has hosted some of the cities most iconic events throughout the decades. Now it's time for the building to find another purpose. With over 5000 sq ft of open space this large 96 x 48 building can have multiple uses. Centrally located in the heart of downtown, the exposure is second to none. The building has had some major renovations over the recent years, from electrical and heating, to fire and security system and even some exterior work. Inside the large open room spans the entire length of the building and with some creativity can be used for a variety of new uses. Above the front part of the building there is a finished space that is great for lease or even small offices. (id:66441)

Cost To Own

Down payment and monthly ownership estimate

Start with the listing price, then adjust the financing and monthly carrying costs for a practical estimate.

Purchase Price$229,000
Down Payment - 5%$11,450
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$1,966

Mortgage Payment
$1,304
Property Tax
$162
Insurance
$150
Utilities
$350
Down Payment
$11,450
Loan Amount
$217,550
Total Interest
$173,549

Estimate only. Final payments depend on lender approval, taxes, insurance, closing costs, and mortgage insurance when applicable.

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