$975,000
128 Marine Drive
Beds
—
Baths
—
Sqft
—
Year
2017
Location
See the block, not just the house.
Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.
About this home
An exceptional business opportunity awaits in the charming town of Southern Harbour, just 1 hour and 15 minutes from St. John’s Metro. This unique property offers a turn-key commercial operation with multitude of revenue streams, all in one location. Most notably, it houses the town’s only gas station, convenience/grocery store, and liquor store, making it a vital service hub attracting steady local and regional traffic. The business also includes a fully stocked NL Liquor Express outlet. All equipment and inventory inside the store are included in the sale (Everything!). Additional income is generated through a profitable ice-making and delivery service, using an on-site ice machine to produce and distribute bagged ice locally, along with a dedicated meat packing and cutting station used for preparing deli items for the store and custom cutting for clients (services that could be further expanded with additional staff).A fully renovated (2020) 3-bedroom, 2-bathroom home, currently rented, adds rental income potential. Also included is a 2018 F450 Super Duty truck with slip tanks, ideal for expanding into fuel delivery.The commercial building, fuel tanks, and systems are just 8 years old and have been meticulously maintained, reflecting the owners’ pride in their operation. Located just three minutes from the highway, the property offers excellent accessibility. The owners are more than happy to share balance sheets with serious buyers. All required permits are in place, and the land is owned. The vendor is prepared to provide an updated survey (approx. one acre) and is committed to a smooth transition, offering training and support. Beautiful ocean views can be enjoyed throughout. With two full-time employees and room to grow, this is a rare opportunity to own a thriving, essential, and well-maintained business with excellent potential! Proud recipient of the 2025 Business Excellence Award. (id:65958)
- Subtype
- Retail
- Structure
- Retail
- Common interest
- Freehold
- Living area
- 1,100 square feet
- Lot dimensions
- 1 acre
- On market
- Apr 16, 2026
- Status changed
- Apr 16, 2026
- Annual tax
- $5,200
- Zoning
- Commercial
- Photos
- 43
- MLS#
- 1296244
- Area
- SOUTHERN_HARBOUR
Features and systems
Heating
Flooring
View
Cash on cash
-11.69%
Cap rate
3.55%
GRM
16.7
Break-even rent
$6,875
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Lifestyle nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Southern Harbour. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.