$379,900 FOR SALE

Commercial/Retail

31 Malta Street
St. John's, NL A1C 4T1

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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Listed By Keller Williams Platinum Realty
Data Provided By Newfoundland & Labrador Association of REALTORS®
MLS® Listing Number 1275067
Last Updated Jul 26, 2024
Property Summary
Property Type Commercial/Retail

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Use Grocery
Price History
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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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