21-23 Corey King Drive Mount Pearl, Newfoundland & Labrador A1N 0A5
$2,200,000
Own your own facility in prestigious Kenmount Business Park! This modern 7,500 sq ft building features high office content (48%), excellent highway access, and room to grow on 1.72 acres. Currently generating lease revenues from quality (2) tenants (month-to-month and 6-month existing tenant terms), 3,600 sq. ft. unit 1; 3900 sq. ft. unit 2; this property offers owner-operators the opportunity to occupy part of the building while tenants help pay the mortgage. Plus 0.82 acres of excess developable land. The total land parcel is situated within a commercial condominium corporation, allowing for flexibility in building and selling, or building and leasing, future buildings on site. Located in an area within walking distance to the new hospital under construction, where serviced commercial land trades at $450,000-$550,000 per acre, this offers immediate income while you plan your development—zoned Industrial-Light with flexible permitted uses. Rare opportunity to acquire land with income to offset carrying costs. (id:51189)
Business
| BusinessType | Industrial, Industrial, Other, Other, Retail and Wholesale |
| BusinessSubType | Warehouse, Industrial, General commercial, Mixed - IC&I, Specialty retail |
Property Details
| MLS® Number | 1291169 |
| Property Type | Business |
Building
| ConstructedDate | 2015 |
| FlooringType | Concrete Slab, Laminate |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| SizeInterior | 7500 Sqft |
| Type | Other |
Land
| Acreage | Yes |
| SizeTotalText | 1 - 3 Acres |
| ZoningDescription | Commercial |
https://www.realtor.ca/real-estate/28949555/21-23-corey-king-drive-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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October 06 2025 12:23:23
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