Fredericton and Area Real Estate

506-461-6549
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74 Regent Street, Fredericton, New Brunswick, E3B3W4

74 Regent Street, Fredericton, New Brunswick, E3B3W4 (ID NB086612)
Representative
Jim Reid portrait
Jim Reid

Royal LePage Atlantic Brokerage - Gagetown
Cell: 506-461-6549
Tel: 506-357-3348

$175,000 - For sale

ID#:NB086612

Looking to get into the restaurant business with minimum startup cost in one of Fredericton's busiest areas? Look no further than Longer Restaurant on 74 Regent Street. Longer restaurant comes fully loaded and is well positioned to serve customers in a variety of different settings including dine-in, take-out, catering (on-site or off-site), buffet, tourist buses, etc. The regular dining spaces sit 40+ ppl and are currently licensed. With 2 four-bay buffet tables, it's ready to serve large groups such as tour groups from Quebec or Ontario. A private dining suite is tucked away in the back with its own private ensuite bathroom that can host up to 8 ppl for private dinners or meetings away from the crowd. There's also a huge demand for affordable and quality takeout from both sides of the river and Longer Restaurant is ready to take on that demand due to its strategic location and kitchen capacity. The kitchen features a wok station, fryer station, and a prep area. There is lots of storage for both dry and perishable goods. It's got a back entrance where you can comfortably receive your food deliveries and it's super close to all the freezers and the walk-in cooler. The estimated costs for starting a new restaurant of a similar size, capacity, and capability will run up to more than 300k, not counting the value the location brings to the business. This business is well-priced and the seller is motivated so it won't last long on the market! Link attached with History of Property (id:2471)

Location DescriptionTurn left on King Street to go on Regent

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Property Details
  • Property Address:74 Regent Street, Fredericton, New Brunswick, E3B3W4
  • Property Type:Other
  • Access:Year-round access
Structure Details for 74 Regent Street, Fredericton, New Brunswick, E3B3W4
  • Total Finished Area:2413 sqft
  • Heating Type:Electric, Baseboard heaters, Heat Pump
  • Cooling Type:Heat Pump
  • Rental Equipment:Water Heater
  • Exterior Type:Brick
Amenities for 74 Regent Street, Fredericton, New Brunswick, E3B3W4
  • Amenities Nearby:Shopping
Representative
Jim Reid portrait
Jim Reid
REALTOR®
Royal LePage Atlantic Brokerage - Gagetown
Cell: 506-461-6549
Tel: 506-357-3348
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74 Regent Street, Fredericton, New Brunswick, E3B3W4

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