New$529,000
7 Oake Street
Gander, NL
MLS® 1304722
Inquiries handled by Turner Realty Team
Days on market
0
Type
Commercial
Monthly cost
- About $6,710 a monthprincipal and interest plus property tax (listing record)
- Income needed: about $252,000 a yearat a 32% GDS; excludes heat and condo fees
At 5.49%, 20% down, 25 years. An estimate, not a mortgage approval. Change these in the calculator.
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About this property
Positioned in a high-visibility, high-traffic area of Gander, 61 Elizabeth Drive offers a prime opportunity to secure a substantial commercial investment in one of the town’s most established business corridors. If you’re searching for a property that delivers on location, scale, and long-term value, this impressive building checks all the boxes. Offering over 14,000 sq. ft. of fully refurbished office space, the property features approximately 7,127 sq. ft. on the main level and 7,242 sq. ft. on the second floor, making it ideal for a wide range of professional, administrative, or commercial uses. Extensively upgraded over the past 15 years, this building provides peace of mind with key improvements already in place. It is equipped with an 800-amp electrical service, baseboard heating, and roof-mounted HVAC units, ensuring functionality and efficiency for tenants or owners alike. Constructed in 1978 on a solid concrete slab, the building boasts a durable brand new 2 ply torched-on membrane roof, installed September 2026 and a low-maintenance exterior finished in brick and metal siding, combining longevity with strong curb appeal. Adding even more value, both parking lots have been resurfaced within the past 15 years, offering ample on-site parking-a key feature for any thriving business location. This is a rare opportunity to own a well-maintained, strategically located commercial property in the heart of Gander-perfect for investors seeking a reliable income generating asset or businesses looking to establish themselves in a prominent location.
Pricing & Timeline
List price$1,250,000
Listed2026-10-23
Days on market0
Property Details
Structure
TypeCommercial
Title to LandFreehold
Systems & Utilities
HeatingElectric
Parking & Access
DrivewayPaved
AccessYear Round Road Access
Disclosures
Possessionneg
ZoningComm
Room dimensions
Room-by-room dimensions are not available for this listing in the current cache. They may populate on the next nightly refresh.
Land features
Central LocationShopping Nearby
Tax & Lot Information
Taxes & Fees
Property taxes$7,340 (2026)
Water tax7340
Condo fee$0
Lot
Property size0.5 -0.99 Acres
ZoningComm
DistrictCentral
Sub-districtGander and Area
Location
Just listedListed Oct 23
AI-generated narration · read the transcript
61 Elizabeth Drive, Gander NL. Listed at $1,250,000. Positioned in a high-visibility, high-traffic area of Gander, 61 Elizabeth Drive offers a prime opportunity to secure a substantial commercial investment in one of the town’s most established business corridors. If you’re searching for a property that delivers on location, scale, and long-term value, this impressive building checks all the boxes. Offering over 14,000 sq. ft. of fully refurbished office space, the property features approximately 7,127 sq. ft. on the main level and 7,242 sq. ft. on the second floor, making it ideal for a wide range of professional, administrative, or commercial uses. Extensively upgraded over the past 15 years, this building provides peace of mind with key improvements already in place. It is equipped with an 800-amp electrical service, baseboard heating, and roof-mounted HVAC units, ensuring functionality and efficiency for tenants or owners alike. Constructed in 1978 on a solid concrete slab, the building boasts a durable brand new 2 ply torched-on membrane roof, installed September 2026 and a low-maintenance exterior finished in brick and metal siding, combining longevity with strong curb appeal. Adding even more value, both parking lots have been resurfaced within the past 15 years, offering ample on-site parking-a key feature for any thriving business location. Listing courtesy of Sutton Group - Beatons Realty Ltd., NLAR MLS number 1304750. Royal LePage Turner Realty, 709-256-7999.
Street view
Imagery © Google — Open full panorama in Google Maps
Nearby essentials
approx. 1.6 kmto James Paton Memorial Regional Health Centre
approx. 0.5 kmto Gander Academy
approx. 1.0 kmto Dominion
approx. 3.4 kmto Gander International Airport
Straight-line distances, not driving distance.
Listing courtesy of Sutton Group - Beatons Realty Ltd. — NLAR MLS® #1304750
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The information contained on this page is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy. Listings are updated daily. Royal LePage Turner Realty (2014) Inc. is a member of The Canadian Real Estate Association.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service®, and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.