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:47423)
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Detailed Information
Equipment
Propane Tank
Listing Contract Date
2024-07-17
Ownership Type
Freehold
Property Type
Retail
Rental Equipment
Propane Tank
Transaction Type
For sale
Zoning Description
R3 - Mixed
Business
Business Type
Food Services and Beverage, Restaurant
Business Subtype
Grocery, Restaurant
Building
Amenities
Living Accommodation
Flooring Type
Laminate, Mixed Flooring
Heating Fuel
Electric
Heating Type
Baseboard heaters
Stories Total
2
Type
Retail
Land
Total Size
50x72x35xc23x53 | 0-4,050 sqft
Size of Irregular Land
50x72x35xc23x53
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