1 Washington Drive Stephenville, Newfoundland & Labrador A2N 2V5

$498,000

This expansive commercial property offers a rare opportunity for repurposing, rezoning or revitalization to suit a wide variety of needs. Originally built as a large clinic, the facility underwent significant expansion and modernization, including an extended parking lot in 2023. Located in a prime area, this property is steps away from a bustling college campus, minutes from downtown, offers seamless access to the Trans-Canada Highway (TCH) and local amenities. Equipped with solar panels and an EV charging station, supporting sustainability and modern functionality. Fully wheelchair accessible, ensuring ease of use for all visitors and occupants. A newly expanded paved lot accommodates 20+ vehicles. This versatile property is divided into well-appointed spaces, including: •Waiting Area: Ideal for reception or gathering spaces. •Main Office: A central hub for administrative operations. •8 Rooms with Running Water: Perfect for healthcare, offices, or adaptable uses. •4 Additional Rooms: Flexible spaces for offices, meeting rooms, or storage. •Kitchen: Fully functional and ideal for a staff lounge or shared amenity. •2 Washrooms: Conveniently located for tenants and visitors. •3 Storage Rooms: Offering ample space for supplies or archives. The property no longer operates as a clinic and offers limitless possibilities, including: •Its close proximity to the nearby college makes it an excellent candidate for conversion into high-demand student accommodations, creating passive income with minor adjustments. •Leverage its prime location to create a mix of retail, service, and office spaces. •Suitable for wellness centers, daycare facilities, or training centers. Whether you're looking for an investment opportunity or a space to realize your vision, this commercial property delivers unmatched potential. The property is HST applicable, with potential exemptions dependent on rezoning. Call if you have any inquiries or want to schedule a viewing. (id:51189)

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https://www.realtor.ca/real-estate/27417840/1-washington-drive-stephenville