Retail for sale

175 & 199 Fraser St, Nanaimo

$1,550,000 or
Contact the REALTOR®
Retail for sale in Nanaimo, Old City, 175 & 199 Fraser St, 962223 | Realtylink.org
$1,550,000 or

Retail for sale

175 & 199 Fraser St, Nanaimo

Features

Lifestyle
962223 1550000 /en/retail~for-sale~nanaimo/962223?view=Summary /en/retail~for-sale~nanaimo/962223/photos 49.1673200000 -123.9406100000 true
Floor Area
10,800 sqft
Lot Size
19,462 sqft
Gross Property Tax
$27,503.68 /year
Zoning
DT4

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
MLS® Number 962223

Listing REALTOR®

Chris Sutton, REALTOR<sup>®</sup>

Chris Sutton

REALTOR®
778-223-2327

Sutton Group-West Coast Realty

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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