1 Riverview Avenue Mount Pearl, Newfoundland & Labrador A1N 1M1
$1,100,000
Attention Investors, Developers & Business Owners! This is a rare opportunity to acquire just over one acre of prime real estate in Mount Pearl. Zoned Residential High Density, this property offers exceptional redevelopment potential while providing immediate income opportunities. The existing building features three commercial units, plus an additional commercial unit located at the rear of the property, allowing buyers to continue generating rental income, establish a new business venture, or hold the property while planning future development. Bordering the scenic Grand Concourse walking trail, this highly visible and accessible location is ideally suited for a wide range of residential projects. With high-density zoning already in place, the possibilities include a seniors' living complex, townhouse development, apartment building, or another residential project(subject to municipal approvals.) Whether you're looking to expand your investment portfolio, launch a new commercial venture, or unlock the full development potential of this exceptional parcel, this property offers flexibility, location, and long-term value. Opportunities like this are rarely available in Mount Pearl. Secure this outstanding development site today and bring your vision to life! (id:51189)
Business
| BusinessType | Automobile, Other, Residential |
| BusinessSubType | Automotive, General commercial, Residential |
Property Details
| MLS® Number | 1300510 |
| Property Type | Retail |
Building
| FlooringType | Other |
| HeatingType | Other |
| Type | Special Purpose |
Land
| Acreage | Yes |
| SizeIrregular | 1 Acre |
| SizeTotalText | 1 Acre|1 - 3 Acres |
| ZoningDescription | Res Hi Den |
https://www.realtor.ca/real-estate/30042761/1-riverview-avenue-mount-pearl
Interested?
Contact us for more information
Michael Samson
(709) 522-6350
33 Pippy Place, Suite 304
St. John's, Newfoundland & Labrador A1B 3X2
(709) 800-0412
Justin Hollett
(709) 522-6350
33 Pippy Place, Suite 304
St. John's, Newfoundland & Labrador A1B 3X2
(709) 800-0412
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July 16 2026 05:22:10
The Newfoundland & Labrador Association of REALTORS®
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