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. (id:12973)
Business Type | Food Services and Beverage, Restaurant |
Business Sub Type | Grocery, Restaurant |
MLS® Number | 1275067 |
Property Type | Retail |
Equipment Type | Propane Tank |
Rental Equipment Type | Propane Tank |
Amenities | Living Accommodation |
Flooring Type | Laminate, Mixed Flooring |
Heating Fuel | Electric |
Heating Type | Baseboard Heaters |
Stories Total | 2 |
Size Interior | 2000 Sqft |
Type | Retail |
Acreage | No |
Size Irregular | 50x72x35xc23x53 |
Size Total Text | 50x72x35xc23x53|0-4,050 Sqft |
Zoning Description | R3 - Mixed |
https://www.realtor.ca/real-estate/27187856/31-malta-street-st-johns
Contact us for more information
Andrew Duggan
(709) 753-4454
(709) 753-4456
kwnewfoundland.com/