$1,550,000
175 & 199 Fraser St Nanaimo, BC V9R 5C1
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$1,550,000
Est. payment /mo
0.45 Acres Lot
Price Dropped by $100K
175 & 199 Fraser St Nanaimo, BC V9R 5C1
UPDATED:
10/10/2024 04:20 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 962223
Rental Info Unrestricted
Annual Tax Amount $27,503
Tax Year 2023
Lot Size 0.450 Acres
Acres 0.45
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
Area Nanaimo
Zoning DT4
Interior
Inclusions Equip/Machinery, Fixtures, Goodwill, Leasehold Improvements, Parking, Real Estate, Supplies, Trade Name(s), See Remarks
Exterior
Parking On Site 1
Others
Pets Allowed Yes
Restrictions Easement/Right of Way
Tax ID 001-524-348
Ownership Freehold
Acceptable Financing Seller May Carry
Listing Terms Seller May Carry
Listed by Sutton Group West Coast Realty W Broadway
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