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St. John's,NL A1C 4T1
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $189
MLS Listing ID 1275067
Annual Tax Amount $5,084
Tax Year 2023
Property Description
A bustling centre city location with fantastic exposure to the high traffic volumes of Empire Avenue, 31 Malta is the perfect setting for a budding restauranteur to take their business to the next level. Paved parking for 4+ vehicles provides ground level entrance to a space that is currently run as an ethic cuisine takeout location, combined with African inspired grocery shop. Included with the sale, the property features a fully equipped commercial kitchen outfitted with 3-bay commercial sink, upright fridge, upright freezer four open-burner stove, 36 inch griddle, two oven range, extensive commercial cooking utensils, two fryers, deli meat slicer, complimented by cash register, grocery shelving, cooling display, and a walk-in cooler. Ensuring this property is a strong investment, the upper level of the property is a registered, three bedroom residential apartment with separate electrical meter that has been renovated extensively, shows extremely well, is currently rented for $1300/mo POU and is close to MUN offering predictable rental value.
Location
Province NL
Zoning R3 - Mixed
Interior
Heating Baseboard,Electric
Cooling Baseboard,Electric
Equipment Propane Tank
Exterior
Roof Type Shingle - Asphalt