175 & 199 Fraser St, Nanaimo, BC, V9R 5C1
$1,750,000MLS® # 962223
Commercial For Sale In City Center/Protection Island, Nanaimo, British Columbia
Property Information:
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
Inclusions: Equip/Machinery,Fixtures,Goodwill,Leasehold Improvements,Parking,Real Estate,Supplies,Trade Name(s),See Remarks
Property Features:
- Annual Tax Amount: $27,503
- Floor Space (approx): 10800 Square Feet
- Inclusions: Equip/Machinery, Fixtures, Goodwill, Leasehold Improvements, Parking, Real Estate, Supplies, Trade Name(s), See Remarks
- Lot Frontage: 19462 Square Feet
- Lot Size: 19462.00 Square Feet
- Ownership: Freehold
- Parking Features: On Site
- Property Sub Type: Retail
- Zoning: DT4
Courtesy of: Sutton Group West Coast Realty
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.