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$2,200,000
Newfoundland & Labrador,Wabush
For Sale Active
2 Grenfell Street, Wabush, Newfoundland & Labrador A0R1B0
  • 8,065 Sqft
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Basic Details
Description

Fantastic Investment Property – 13-unit building, fully upgraded with modern finishes. This impressive building offers a total of 13 Modern Bedrooms, making it an ideal income-generating investment. The upper level features 7 efficiency units, while the main floor includes a handicap-accessible efficiency unit and a spacious 5-bedroom, 2-bathroom unit with a shared kitchen and ground-level patio – perfect for

group accommodations. Each unit is fully furnished and equipped. The building also provides shared laundry facilities equipped with 3 washers and 3 dryers, as well as a two-bay garage with double doors for additional storage or rental income. Originally renovated from top to bottom in 2024/2025, the building was modernized with high-quality materials and systems. Upgrades include all new plumbing with 1.5-inch water lines and triple 8-inch sewer outlet lines, two 200-gallon hot water tanks (for a total of 400 gallons) with hot water on demand, 400 amp single-phase electrical service, a fire system – Simplex 4007 ES Fire Alarm panel and efficient heating (3000 watts) paired with 3500 BTU air conditioning for comfort. This property offers excellent flexibility and potential. The exterior showcases durable asphalt shingles, brick accents, and low-maintenance vinyl siding. Whether you’re expanding your investment portfolio or looking for a turnkey rental property, this building is a rare find with strong income potential. (id:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 1287575
  • Price: $2,200,000
  • Square Footage: 8,065 Sqft
  • Year Built: 2024
  • Status: Active
  • Property Sub Type: Business
  • Office Key: 265855
Features & Appliances
Features
  • Heating System: Electric
  • Flooring: Laminate
Address Map
  • Location: CA, Newfoundland & Labrador, Wabush, A0R1B0
  • Street: Grenfell
  • Street Number: 2
  • Street Suffix: Drive
  • Longitude: W67° 7' 38''
  • Latitude: N52° 54' 11''
Additional Information
  • Business Type: Other
  • Lot Size Dimensions: 24.6 M X 60.9 M
  • Stories: 3.0
Financial
  • Tax Annual Amount: 11799.9
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Listing updated: 2026-04-03 17:52:16
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Listing Information
  • List Agent Key: 1920498
  • List Office Key: 265855
  • Modification Timestamp: 2026-03-31T20:10:24Z
  • Originating System Name: Newfoundland & Labrador Association of REALTORS®
  • Status Change Timestamp: 2026-03-31T20:03:08Z
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Listing updated: 2026-04-03 17:52:16
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