2047 E Monument Street

Description

There is an offer on this property! It is still showing as active because the attorneys have not yet worked out all the language in the sale agreement. This building is in a great location for retail or restaurant, near Hopkins complex on E. Monument St , one half block from the Northeast Market. It was in terrible condition when the current owner bought it to transform into a restaurant during the pandemic. The interior has been completely gutted from the basement to the roof rafters, and the walls have been rebuilt as needed, repointed, shorn up, etc. There is new sub-flooring on all levels, there is a new, larger extension to the rear of the building, exterior concrete has been laid in the alleyway and the back of the building, a new steel security door at the rear, repurposed wrought iron gates for the alley, two new smaller roofs for the new extensions, new siding at main level extension at the rear, new windows at the front second and third floors, and much more. The building had planning engineering drawings that had been permitted/approved by the city for a restaurant, though they have expired. The building is a blank slate, currently in RAW cold shell shape, ready for a new owner to complete. Although planning permission had been received for a restaurant on the first two levels and an office on the top floor, the new owner can ask for permit permission on a variety of uses. None of the systems have been installed for that reason, as configurations will change based on use. The seller is motivated to either sell or lease this building to a group that will want to complete the construction for their own purposes. The ground rent has been redeemed. The building is in RAW shape and can only be entered at your own risk, and only with the owner and/or owner and lister accompanying. There is no electric, no plumbing, no bathrooms, no kitchens, no mechanicals, etc.