$1,550,000 FOR SALE

Commercial/Retail

175 & 199 Fraser St
Nanaimo, BC V9R 5C1 | Old City

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 (id:47423)

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Listed By Sutton Group-West Coast Realty
Data Provided By Vancouver Island Real Estate Board
MLS® Listing Number 962223
Last Updated Oct 07, 2024
Property Summary
Property Type Commercial/Retail

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Neighbourhood Old City
Price History
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Detailed Information
Listing Contract Date 2024-04-24
Municipal ID 001-524-348
Ownership Type Freehold
Plan VIP584
Property Type Retail
Transaction Type For sale
Zoning Description DT4
Zoning Unknown
Building
Size (Exterior) 10800 square feet
Type Retail
Land
Total Size 19462 square feet
Size of Irregular Land 19462

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