$1,550,000
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175 & 199 Fraser St, Nanaimo

Nanaimo, BC V9R 5C1
MLS® 962223
667
Days on Market

Description

Over 10,000 SF of under utilized building included with iconic family-run restaurant located in Nanaimo in business over 35 years with loyal customer base! 120 Seats plus extended patio. Liquor license and full commercial kitchen and equipment to handle high volume catering. Winner of numerous awards and featured on TV food shows, and various vloggers. The original owners are ready to retire. This is a fantastic opportunity to run an established business and build equity on a great holding property with two titles. Turn-key operation with plenty of upside potential. Lots of redevelopment in the area. Please do not approach staff. Vendor financing possible

Property Details

Property Type Commercial Sale
Property Sub Type Retail
Listing ID 962223
Status Active
City Nanaimo
Area Nanaimo
Sub-Area Na Old City
Postal Code V9R 5C1
Property Taxes $27,503.68 (2023)
Zoning DT4
Listed Date Apr 30, 2024
Ownership Freehold
Lot Size 0.45 acres

Building Details

Stories -1
Exterior Size 10800 sqft

Additional Information

Land Size 19462 sqft
Building Type Retail
Transaction For sale

Location