36-38 Pearson Street
Newfoundland & Labrador
$1,599,900
About this residence
Same owner for 50 years, first time offered! Exceptional commercial property, located at the corner of Pearson Street and Torbay Road, offers a unique and highly desirable investment opportunity. Multi-tenant building caters to seven diverse tenants, many of whom have chosen to stay for decades, testament to the stability and appeal of the space. The 7500 sqft building is located on a spacious 20,713 square foot lot, the site provides ample parking and visibility, good foot traffic ensures tenant satisfaction. Survey dated September 19, 2025. Roof resurfaced in 2016. Some new plumbing and electrical. Financial details available. Don't miss your chance to own a piece of prime real estate with a legacy of success and community presence. (id:61366)
Property details
- Property type
- Retail
- Style
- Special Purpose
- Ownership
- Freehold
- Storeys
- 2
- Living area
- 7,500 sq ft
- Year built
- 1975
- Annual tax
- $27,986
- MLS®
- 1293019
- Board
- Newfoundland & Labrador
- Status
- Active
- Listed
- Dec 1, 2025
- Updated
- Jun 16, 2026
Features & finishes
Heating
- Baseboard heaters
- Mini-Split
Financing
Estimated monthly payment
$7,482/mo
Loan amount
$1,279,920
Down payment
$319,980
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Newfoundland & Labrador
Frequently asked questions
What is the asking price for 36-38 Pearson Street?
36-38 Pearson Street is listed for $1,599,900, in Newfoundland & Labrador.
What type of home is 36-38 Pearson Street?
36-38 Pearson Street is a Retail, Special Purpose set over 2 storeys, built in 1975.
How large is 36-38 Pearson Street?
The home offers approximately 7,500 sq ft of living space.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $7,482. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $27,986 per year.
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