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
Address |
175 & 199 Fraser St |
List Price |
$1,550,000 |
Property Type |
Commercial Sale |
Type of Dwelling |
Retail |
Area |
Nanaimo |
Sub-Area |
Na Old City |
Lot Size |
19462 Sq. Ft. |
Lot Size Acres |
0.45 Ac. |
MLS® Number |
962223 |
Listing Brokerage |
Sutton Group West Coast Realty W Broadway
|
Postal Code |
V9R 5C1 |
Tax Amount |
$27,504 |
Tax Year |
2023 |