28 Old Settlement Hill, Placentia
Unique 2.8-acre mixed-use property with five different types of structures with different uses offering an exceptional opportunity just minutes from the Port of Argentia and overlooking beautiful Placentia Bay. The property features 5 large greenhouses, a renovated primary residence, a modern two-story garage/apartment building, short-term accommodation units, and an impressive 11,760 sq. ft. warehouse facility. Newer building includes a spacious apartment currently generating rental income, while the warehouse offers outstanding potential for industrial, storage, fabrication, or commercial operations. Previously used for worker accommodations, the trailer units provide ten bedrooms and ten bathrooms, kitchen and laundry facilities, and large patio deck, supporting potential industrial or seasonal workforce demand. Zoned approximately 20% residential (frontage) and 80% commercial, the property presents excellent flexibility for industrial, tourism, agricultural, contractor yard, logistics, or mixed-use development opportunities. With significant infrastructure already in place, spectacular ocean views, and proximity to major marine & industrial activity, this property offers tremendous potential. (id:1945)
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Property details for 28 Old Settlement Hill, Placentia
- Type
- Commercial
- Lot Size
- 2.8 Acres
- Stories
- 2
- Heating
- Baseboard heaters, Mini-Split
- Ownership
- Freehold
- Annual Taxes
- $8,257 (2026)
Nearby Listings Stat
Estimated price and comparable properties near 28 Old Settlement Hill
Active Listings
15
Min Price
$30,000
Max Price
$1,299,900
Avg Price
$267,553
Days on Market
123
days
Sold Listings
4
Min Sold Price
$39,900
Max Sold Price
$324,000
Avg Sold Price
$175,475
Days until Sold
138
days
Neighbourhood Census Data
Placentia, Newfoundland and Labrador / Terre-Neuve-et-Labrador
Population
309
Median Age
53.1
Median Income
$31,328
Dwelling Value
$99,913
Housing Tenure
Owners 82%
Renters 18%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.2
Pop. Density: 21.6/km²
Avg Shelter Cost: $520/mo
Owners with Mortgage: 0%
English only: 98.4%
English and French: 1.6%
Median Household Income: $62,592
Median Employment Income: $29,760
Price History
Listed
May 27, 2026
by RE/MAX Infinity Realty Inc.
Current Price
$1,299,900
Type
Commercial
For Sale
