A full fit-out for a retail and food premises and a high volume of daily passing traffic provide the appeal for an Adamstown property that has been listed for sale with vacant possession.
Commercial Collective's Adam Leacy is marketing 617-621 Glebe Road, where the Organic Grocer & Cafe has operated.
The fully refurbished, single-level building features a large retail area, cafe space, alfresco seating, commercial kitchen, dry store, walk-in cool room, storage, disabled compliant toilets, loading dock and a large yard. It has an R4 High Density Zoning, which allows for a mix of commercial and residential uses.
"It's an opportunity whereby it's hard to find properties that have the zoning and a DA for that style in use, retail, food prep, cafe and drinks," Mr Leacy said.
"If you tried to go and replicate that, with the disabled access and all of the facilities that you need, it's difficult. It's the infrastructure that sits in that building that is where the value is."
Interest is expected in the early to mid $1 million range.