Nanaimo, BC V9R 5C1,175 & 199 Fraser St
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Cindy Su

Cindy Su

+1(250) 850-4985
Listing by Chris Sutton Sutton Group West Coast Realty W Broadway
$ 1,550,000
Est. payment | /mo

10,800 SqFt

Save
$ 1,550,000
Est. payment | /mo
Save

10,800 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 10,800 sqft

Price per Sqft $143

MLS Listing ID 962223

HOA Y/N No

Annual Tax Amount $27,503

Tax Year 2023

Lot Size 0.450 Acres

Acres 0.45

Property Sub-Type Retail

Property 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

Location

Province BC

County Nanaimo, City Of

Community Na Old City

Area Nanaimo

Zoning DT4

Interior

Inclusions Equip/Machinery, Fixtures, Goodwill, Leasehold Improvements, Parking, Real Estate, Supplies, Trade Name(s), See Remarks

Fireplace No

Exterior

Parking Features On Site

View Y/N false

Garage No

Others

Restrictions Easement/Right of Way

Ownership Freehold

Acceptable Financing Owner May Carry

Listing Terms Owner May Carry

Cindy Su

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(250) 850-4985

cindysuvancouverisland@gmail.com

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175 & 199 Fraser St