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125 Park Avenue offers a rare opportunity to acquire an established income-producing commercial/residential property with approximately 3, 400 sq. ft. of finished space, extensive restaurant infrastructure and equipment, residential accommodations, exceptional on-site parking, and an established tenant already in place. The property underwent extensive redevelopment beginning in 2017, with much of the building taken back to the studs. As part of the reno, the building was raised, a new foundation was poured, the upper level was expanded, and significant upgrades were completed throughout. The main level is currently configured and operating as a fully equipped restaurant with seating for approximately 36 to 40 patrons. Major infrastructure and equipment include two commercial gas ranges, commercial hood and ventilation system with integrated fire-suppression system, commercial refrigeration units, a stand-up freezer, service and preparation areas, sinks, shelving, tables, chairs, and additional restaurant fixtures and equipment. Much of the costly infrastructure required for continued food-service use is already installed and operational. The upper level provides a unique residential component featuring four bedrooms, each with its own private ensuite bathroom, together with a shared kitchen, laundry facilities, and generous storage space. The property offers on-site parking for 16 to 18 vehicles, along with a separate shed providing additional storage for inventory, supplies, and equipment. The entire building is currently occupied by one tenant under lease through December 2027, with the tenant expressing an interest in remaining beyond the current term. With established tenancy, extensive restaurant infrastructure, four private ensuite bedrooms, substantial redevelopment, ample parking, and extensive equipment included, 125 Park Avenue presents a compelling opportunity for an investor or future owner-operator in the heart of Mount Pearl. (id:58753)
Corner of Park Avenue and Smallwood Drive
Source: Public Records
Discover key demographics, population statistics, and environmental insights for the Mount Pearl, NL area.
32/100
Car-Dependent
Walk Score ®
0/100
Minimal Transit
Transit Score ®
37/100
Bikable
Bike Score ®
Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 27/100, Transit Score: 20/100, Bike Score: 27/100.
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4 bds • 3 ba • sqft
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4 bds • 7 ba • sqft
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4 bds • 2 ba • sqft
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1190 Topsail Road
Source: Realty.com
125 127 Park Avenue, Mount Pearl, NL A1N1J8 in Mount Pearl, NL A1N1J8 is a other listed at $975,000. Highlights include 3,400 sq. ft., built in 1969, $287 per sq. ft.. Realty.ca has 15 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 15 photos of 125 127 Park Avenue.
Our records indicate that 125 127 Park Avenue was built in 1969.
The full address for this home is 125 127 Park Avenue, Mount Pearl, NL A1N1J8.
125 127 Park Avenue has been listed on Realty.com since Tue September 15, 2026
Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 27/100, Transit Score: 20/100, Bike Score: 27/100.
This content last refreshed on 2026-10-02 05:02:53. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.