49 Mews Place photo 11 / 23

MLS #1296913

49 Mews Place

St. John's

$2,399,000

12,000 sqft
Office
Source Listing

Property Details

Great find. Great Location. Great Layout. Pre engineered Building with a footprint of approx 9000 sq ft; with 12000 sq ft in total. Designed and constructed as three individual units, on a 1.1 acre lot. Each unit has a 2000 sq ft warehouse section at the rear, a 1000 sq ft of office on the front and approx 1000 of office on the second floor.. Constructed in 2012 this bldg shows near new. Each unit is self contained with Individual electrical and ventilation. All have a 12 ft overhead door, a rear man door and this space is 20 ft under beam One Unit is now vacant while the other two are leased to one tenant. Current Lease is in place till 2028 and hoping to renew Original tenant and they have renewed every 5 years. Quality updated office space a cple yrs ago. Lease is semi gross, with Tenant responsible for all operating expenses; (utilities, maintenance etc. and ) Plus they pay proportional share of snow clearing and business tax. Fully paved lot with designated parking for over 30 vehicles. Please see 3D Virtual Tour attached for full walk thru of the vacant unit. (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$2,399,000
Down Payment - 20%$479,800
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$13,700

Mortgage Payment
$11,501
Property Tax
$1,699
Insurance
$150
Utilities
$350
Down Payment
$479,800
Loan Amount
$1,919,200
Total Interest
$1,531,029

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

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