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Home NL Greater St. John's St. John's Rabbittown
31 Malta Street
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31 Malta Street $379,900
$379,900
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31 Malta Street
St. John's, Newfoundland & Labrador A1C4T1

MLS® Number: 1275067

Listing 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. (28462923)

Property Summary

Property Type
Retail
Building Type
Retail
Storeys
2
Title
Freehold
Land Size
50x72x35xc23x53|0-4,050 sqft
Annual Property Taxes
$5,084
Time on REALTOR.ca
155 days

Price and Sale History

Date Status Price
Sep 8, 2016 Sale Closed $352,000

Building

Interior Features
Flooring
Laminate, Mixed Flooring
Building Features
Present Use
Retail, Restaurant
Building Amenities
Living Accommodation
Rental Equipment
Propane Tank
Heating & Cooling
Heating Type
Baseboard heaters, (Electric)
Business
Business Type
Food Services and Beverage (Grocery), Restaurant (Restaurant)

Measurements

Square Footage
2000 sqft

Land

Other Property Information
Zoning Description
R3 - Mixed
Data provided by: Newfoundland & Labrador Association of REALTORS® 28 Logy Bay Road, St John's, Newfoundland & Labrador A1A 1J4
ANDREW DUGGAN