0 MAIN Road, MARGAREE, Newfoundland & Labrador, A0M 1C0

MLS® # 1273187

Commercial For Sale In MARGAREE, Newfoundland and Labrador

$399,000

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0 MAIN Road, MARGAREE, Newfoundland & Labrador, A0M 1C0

$399,000

Property Information:

Now offering and available to new owners , the Seashore Restaurant , located in beautiful community of Margaree and just 10 minutes to Port aux Basques and the Marine Atlantic Ferry. This Restaurant has been very well known for many years as a local favorite and as well as one of the greatest tourist stops in southwestern Newfoundland, as they specialize in a full menu of delicious dishes including scrumptious seafood delights. The building has undergone extensive renovations during the past couple of years and it is being sold as a complete turn key operation. Some of the recent upgrades include , but not limited to , is a new addition kitchen in 2019/2020, equipment replaced , upgraded 400 amp electrical service, roofing in 2016 and added washrooms , just to name a few. The restaurant itself can seat 133 guests and is well appointed with décor showing the connection to the land, the sea and the fishing industry, providing a warm and welcoming atmosphere to sit and relax for a wonderful meal with family and friends. So here is your chance to own your very own business, be your own boss and help keep the high ratings that this business has earned. (id:27)

Building Features:

Style: Retail
Building Type: Special Purpose
Flooring Type: Laminate, Other
Heating Fuel: Electric

Property Features:

OwnershipType: Leasehold
Property Type: Retail
Access Type: Year-round access
Amenities Nearby: Highway
Built in: 1973
Irregular: Yes
Landscape Features: Partially landscaped
Lot Size: APPROX. 123 x 160 feet
View Type: Ocean view
Zoning: Rural

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Rating:

Notes:

Lloyd Francis

Royal LePage NL Realty *

Mobile:709.695.8181

View All of Lloyd's Listings

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Market Price Trends

Location of 0 MAIN Road, MARGAREE, Newfoundland & Labrador, A0M 1C0

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Significant

38 hot days expected in 2050

Projected Storm Risk: Exteme

14 storms expected in 2050

Projected Heat Risk: Significant

38 hot days expected in 2050

24/100

Significant

ClimateCheck®

Current data

This property, 0 MAIN Road , experiences 7 hot days per year at around 21.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 38 hot days at 23.9 degrees Celsius.

Projected Avg. Temperature

Past

21.2℃

2050

23.9℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk: Exteme

14 storms expected in 2050

83/100

Exteme

ClimateCheck®

Current data

This property, 0 MAIN Road , experiences 11 significant 2-day storms per year, with about 431.8mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 564.1mm of precipitation per year.

Precipitation Per Storm

Past

431.8mm

2050

564.1mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 0 MAIN Road, MARGAREE, Newfoundland & Labrador, A0M 1C0

Life Stage

Older Couples

Employment Type

Blue Collar/Primary

Average Household Income

$91,000.00

Average Number of Children

1.40

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

41.6 %

High school certificate or equivalent

23.01 %

Apprenticeship trade certificate/diploma

8.85 %

College/non-university certificate

22.12 %

University Degree

4.42 %

Commuter

Travel To Work

By Car

85.42 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

14.58 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

Houses

100.0 %

Own Vs. Rent

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0 MAIN Road, MARGAREE, Newfoundland & Labrador, A0M 1C0 $399,000 MLS® # 1273187

Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 0 MAIN Road, MARGAREE, Newfoundland & Labrador, A0M 1C0

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 0 MAIN Road, MARGAREE, Newfoundland & Labrador, A0M 1C0

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

0 MAIN Road, MARGAREE, Newfoundland & Labrador, A0M 1C0

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