Business for sale
199 Fraser St, Nanaimo
$1,050,000
Features
Floor Area
10,600 sqft
Lot Size
10,724 sqft
Gross Property Tax
$30,067.46 /year
Zoning
DT4
Additional Features
Central Location
Major Business Type
Restaurant/Bar
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.
MLS® Number 1031464