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$219,900

417-19 Conception Bay Highway, Bay Roberts, Newfoundland & Labrador, A0A 1G0

MLS® # 1280412

Property Information:

Take the reins of a well-established lounge that has been a beloved local spot for over 25 years. This turnkey business is fully licensed and operational, featuring a spacious bar, ample seating, a corner bandstand for live music or events, and two pool tables, making it a hub for entertainment. With five VLTs already in place and the potential to expand to ten, the earning opportunities are substantial. The property also includes a large 12’x15’ patio deck, perfect for outdoor gatherings, and is equipped with a modern mini-split heat pump for economical heating, keeping operating costs low. The building boasts two generously sized washrooms, a full open basement for storage or future expansion, and a 200-amp electrical service. Additional conveniences include town water and sewer as well as a paved parking lot accommodating 10–12 cars. Whether you’re looking to carry on the legacy of this cherished lounge or completely reimagine the space into your own unique business, this opportunity offers flexibility and endless potential. Everything you need to get started is included, making this an ideal investment for a motivated entrepreneur. (id:27)

Building Features:

  • Style: Retail
  • Building Type: Other
  • Air Conditioning: Yes
  • Flooring Type: Other
  • Heating Type: Heat Pump

Property Features:

  • OwnershipType: Freehold
  • Property Type: Retail
  • Access Type: Year-round access
  • Built in: 1977
  • Zoning: Commercial

Courtesy of: Century 21 Seller's Choice Inc.

REALTOR.ca  

Location of 417-19 Conception Bay Highway, Bay Roberts, Newfoundland & Labrador, A0A 1G0

Demographic Information of 417-19 Conception Bay Highway, Bay Roberts, Newfoundland & Labrador, A0A 1G0

Life Stage

Families with Tweens

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$105,596.24

Average Number of Children

1.74

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.7 %

High school certificate or equivalent

31.49 %

Apprenticeship trade certificate/diploma

9.84 %

College/non-university certificate

27.29 %

University Degree

12.69 %

Commuter

Travel To Work

By Car

93.54 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

6.46 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

Houses

100.0 %

Own Vs. Rent