Active

175 & 199 Fraser St

Nanaimo BC, V9R 5C1

$1,550,000


$143.52 per sqft

Active

10,800 sqft

Commercial

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

962223

MLS ID

April 30, 2024

Listed

November 22, 2024

Updated

Map

175 & 199 Fraser St
Nanaimo BC, V9R 5C1

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.45 Acres

Other Property Details

Area Name

Nanaimo


Taxes

$27,504


Tax Frequency

Annually


Days on Market

169


Garage

No


Parking

On Site


View

No


County

Nanaimo, City of


Pool

No


Zoning

DT4

Listing History

Date

Event

Price

10/4/2024

Price change

$1,550,000

-7%

7/18/2024

Price change

$1,650,000

-6%

Courtesy of Sutton Group West Coast Realty W Broadway, Chris Sutton

Listing Contact: 778-223-2327 

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