New$159,000
2 Patrick Street
Grand Falls-Windsor, NL
MLS® 1304578
Inquiries handled by Turner Realty Team
Year
1960
DOM
162
Type
Multi Family
Monthly cost
- About $2,820 a monthprincipal and interest plus property tax (listing record)
- Income needed: about $106,000 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
FOR SALE – Multi-Use Commercial Building with Income Potential. This well-maintained property is centrally located in a high-traffic area, just minutes from the hospital and other town amenities. The lot offers ample parking for both clients and staff, making it ideal for a variety of business operations. The main floor, formerly home to a successful salon for the past 16 years, is move-in ready for a similar business but also offers endless potential for redevelopment—such as converting the space into apartment units (subject to town approval). The basement level is divided into six heated storage units, rented on a monthly basis—providing steady supplementary income. A convenient overhead door allows easy loading and access for tenants. Upstairs, the second floor features modern living accommodations approximately 1,200 sq. ft. including: Foyer and laundry/utility area; spacious living room; eat-in kitchen with oak cabinets and quality appliances; two bedrooms, including a large primary suite with walk-in closet and custom 3-piece ensuite; full bathroom; generous storage space throughout; access to a front deck off kitchen; crown moldings; laminate flooring added in recent years. Each level has separate electrical meters. The building has been well cared for with numerous upgrades, making it an outstanding investment opportunity for entrepreneurs, investors, or owner-operators seeking to live and work under one roof. Don’t miss this chance to own this property with proven income potential in the heart of Grand Falls-Windsor!
Pricing & Timeline
List price$539,000
Listed2026-05-11
Days on market162
Property Details
Structure
TypeMulti Family
StyleDetached,2 Storey
Title to LandFreehold
Year built1960 (Approximate)
FoundationCrawl,Full,Fully Developed,Poured Concrete
ExteriorVinyl
RoofShingle - Asphalt
Systems & Utilities
HeatingBaseboard,Electric
WaterMunicipal
SewerMunicipal
Parking & Access
DrivewayPaved
RoadPublic
Disclosures
PossessionNegotiable
ZoningComm. General
SignYes
Room dimensions
Room-by-room dimensions are not available for this listing in the current cache. They may populate on the next nightly refresh.
Included appliances & features
Deck/PatioDishwasherFridgeMicrowaveSee RemarksStove
Services
CableElectricityHigh Speed InternetTelephone
Tax & Lot Information
Taxes & Fees
Property taxes$2,297 (2026)
Water tax1731
Lot
Property size10,890-21,799 sq ft (1/4 - 1/2 ac)
ZoningComm. General
DistrictCentral
Sub-districtGrand Falls / Windsor
Location
Days on market: 162
AI-generated narration · read the transcript
107 Lincoln Road, Grand Falls-Windsor NL. Listed at $539,000. FOR SALE – Multi-Use Commercial Building with Income Potential. This well-maintained property is centrally located in a high-traffic area, just minutes from the hospital and other town amenities. The lot offers ample parking for both clients and staff, making it ideal for a variety of business operations. The main floor, formerly home to a successful salon for the past 16 years, is move-in ready for a similar business but also offers endless potential for redevelopment—such as converting the space into apartment units (subject to town approval). The basement level is divided into six heated storage units, rented on a monthly basis—providing steady supplementary income. A convenient overhead door allows easy loading and access for tenants. Upstairs, the second floor features modern living accommodations approximately 1,200 sq. ft. including: Foyer and laundry/utility area; spacious living room; eat-in kitchen with oak cabinets and quality appliances; two bedrooms, including a large primary suite with walk-in closet and custom 3-piece ensuite; full bathroom; generous storage space throughout; access to a front deck off kitchen; crown moldings; laminate flooring added in recent years. Each level has separate electrical meters. Listing courtesy of Royal LePage Generation Realty, NLAR MLS number 1297408. Royal LePage Turner Realty, 709-256-7999.
Street view
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Listing courtesy of Royal LePage Generation Realty — NLAR MLS® #1297408
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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.