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

$1,550,000

Courtesy of Sutton Group West Coast Realty

List Price
$1,550,000
Status
ACTIVE
MLS®
962223
Price Change
▼ $100,000 1728097001
Property Type
Commercial
Acres
0.45
Lot Size
19,462
District
Nanaimo
Neighbourhood
Na Old City

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

Additional Information

Parking Type
On Site
Taxes
$27,503
Rentals Allowed
Unrestricted

Mortgage Calculator

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Calculator source: Real Geeks

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