This mixed-use building in downtown St. Johnâs offers great potential for aspiring business owners and savvy investors alike. The main floor has a ready to occupy restaurant space with a prep kitchen below which includes a walk-in fridge and ventilation system as well as a rear stocking door accessible from Long's Hill. The main floor seating area is heated and cooled with a newly installed mini-split and has two washrooms. There's a commercial grade deep fryer and flat top cooker. The layout is flexible allowing for a variety of uses and the location ensures plenty of street exposure and foot traffic. Upstairs you'll find an exceptionally spacious and renovated two-bedroom apartment which is currently leased until the end of August 2025 to a reputable tattoo shop. The upstairs suite could continue as a commercial venture or can be converted back to a residential use, whether the intention is for the new owner to occupy it personally or for it to become residential rental. This high-traffic area is close to many synergistic businesses such as Tim Hortons, The NL Donut Company, Nova Yoga, The Rooms Museum & Art Gallery, as well as the local Sobeys grocery store etc. The Commercial Mix zoning can accommodate a variety wide ranging permitted uses from a daycare or church, to a restaurant or café, to retail or office space. With a great location, dense surrounding population base, cash flow potential, and application flexibility this property is a rare and unique find. (id:27476)
