175 & 199 Fraser St

Retail For Sale in Na Old City, Nanaimo

$1,550,000
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
List Price $1,550,000
Property Type Commercial Sale
Type of Dwelling Retail
Area Nanaimo
Sub-Area Na Old City
Lot Size 19462 Sq. Ft.
Lot Size Acres 0.45 Ac.
MLS® Number 962223
Listing Brokerage Sutton Group West Coast Realty W Broadway
Postal Code V9R 5C1
Tax Amount $27,504
Tax Year 2023

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