Nanaimo, BC V9R 5C1,175 & 199 Fraser St
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Listed by Chris Sutton Sutton Group West Coast Realty W Broadway
$ 1,550,000
Est. payment | /mo

10,800 SqFt


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

10,800 SqFt

Key Details

Property Type Other Types

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

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

Exterior

View Y/N No

Garage No

Building

Locker No

Others

Ownership Freehold

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175 & 199 Fraser St