2 Cobbs Lane photo 11 / 35

MLS #1298476

2 Cobbs Lane

Bishop's Falls

$499,000

15,402 sqft
Industrial
Source Listing

Property Details

Centrally located in the Town of Bishop's Falls is this over 15000 sqft warehouse building currently being utilized as a successful Storage facility(Central Storage) . This building is situated in the heart of central Newfoundland and has great potential future business. With 2 large sections of the building measuring approximately 80x100 and 60x120 this all on one level slab on grade steel structure could work great for any manufacturing business. This building currently has 7 storage units that are all currently rented and one unfinished unit. This property also has a 600AMP electrical service. As an added bonus this sale will include an additional parcel of vacant land measuring 0.121 ACRES that would work great for any future development. (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$499,000
Down Payment - 5%$24,950
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$3,694

Mortgage Payment
$2,841
Property Tax
$353
Insurance
$150
Utilities
$350
Down Payment
$24,950
Loan Amount
$474,050
Total Interest
$378,170

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

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