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

  • $1,550,000
  • $1,650,000
175 & 199 Fraser St, Nanaimo, BC V9R 5C1
  • Retail
  • Property Type
  • 10800.00
  • m²
For Sale
175 & 199 Fraser St, Nanaimo, BC V9R 5C1
  • $1,550,000
  • $1,650,000

Overview

Property ID: 3060704
  • Retail
  • Property Type
  • 10800.00
  • m²

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

  • Address 175 & 199 Fraser St
  • City NANAIMO
  • Province BC
  • Postal Code V9R 5C1
  • Area Nanaimo
  • Country Canada

Details

Updated on October 7, 2024 at 2:48 pm
  • Property ID: 3060704
  • Price: $1,550,000
  • Property Size: 10800.00 m²
  • Land Area: 0.45 m²
  • Property Type: Retail
  • Property Status: For Sale
  • MLS#: 962223
  • Brokerage: SUTTON GROUP WEST COAST REALTY
  • Agent Name: Chris Sutton
  • MLS Status: Active
  • District: Nanaimo, City of
  • Land Size: 19462.00

Additional details

  • List Date: 2024-04-24
  • List Office MLSID: 290004
  • List Agent MLSID: NonMem
  • Property Type: Commercial Sale
  • Tax Annual Amount: 27503.68
  • Tax Assessed Value: 1419000
  • Tax Assessed Year: 2024
  • Tax Book Number: 81238000
  • Tax Jurisdiction: City of Nanaimo
  • Tax Legal Description: LOT 8, BLOCK 40, PLAN VIP584, SECTION 1, NANAIMO LAND DISTRICT, PORTION AMENDED (DD 62040N) BEING SOLD WITH PID#008-789-011
  • Tax Year: 2023
  • Zoning Description: DT4

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