199 Fraser St, Nanaimo, BC V9R 5C1

$1,050,000

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Courtesy of Sutton Group West Coast Realty

List Price
$1,050,000
Status
ACTIVE
MLS®
1031464
Property Type
Commercial
Acres
0.24
Lot Size
10,724
District
Nanaimo
Neighbourhood
Na Old City

Property Description

Massive under utilized building with iconic family run restaurant. Located in Nanaimo with over 35 years in business 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 shows, and various vlogs. Brand new roof and environmental report completed. The original owners are ready to retire. Turn key operation with plenty of upside potential. Lots of redevelopment in the area. Please do not approach staff. Attractive vendor financing available. This property must be purchased in conjunction with the neighbouring property at 175 Fraser St.

Additional Information

Lot Features
Central Location
Taxes
$30,067
Rentals Allowed
Unrestricted

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Calculator source: Real Geeks

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