For Sale: 16 A/B And 18 Currie Avenue, Channel-Port aux Basques, NL

About this home

Now offering this one-of-a-kind investment opportunity in downtown Port aux Basques. The well-established Shark Cove Suites and Rentals is a turn-key opportunity waiting for new owners. This package includes two apartment buildings, a warehouse-style building with 2 residential units, and a serviced RV park area. The first building, 16 A Currie Avenue, has six two- bedroom units and two one-bedroom units. The second building, 16B Currie Avenue, has six three-bedroom units. The third building, 18 Currie Avenue, has two residential units, for a total of sixteen units in all. Twelve of the sixteen units come fully furnished. All units have their own laundry facility. These units can be utilized as long-term, weekly, or daily rentals, or a combination of the three. 18 Currie Avenue, the former Follows Wholesale building and later the Shark Cove Restaurant and Lounge, has two residential units upstairs and loads of space on the main floor to develop into additional business ventures or simply use as storage. Also included is a recently developed RV park with 18 serviced units for those travelers awaiting a ferry crossing or a long cross-island trek. This addition to the business is showing steady growth in peak tourist season. This well-established business is a turn-key opportunity with growth potential. If you are in the market to broaden your investment portfolio or be your own boss, contact today to find out more. (id:63626)

Listed by: Scott Strickland, Hanlon Realty

Home facts and features

Price details

List Price

$1,300,000

Gross Taxes for 2026

$12,000

Home facts

Bedrooms

Full Bathrooms

Property Type

Multifamily

Depth

Title

Freehold

Heating Type

Baseboard heaters, Electric

Agent details

Primary Agent

Scott Strickland

Primary Broker

Hanlon Realty

Listing details

Days on REW

269 Days

MLS® Number

1285222

Source

Canadian Real Estate Association

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Property Insights

Schools nearby

2 Schools are within 3km

St. James Regional High School

n/a
7 - 13
In Catchment

St. James Elementary School

n/a
K - 6
In Catchment

16 A/B And 18 Currie AvenueChannel-Port aux Basques, NL, A0M 1C0