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Jason Simard
SIMS Real Estate Group - Brokered by EXP Realty
jason@simsrealestate.ca +1(250) 591-1160Listed by Chris Sutton Sutton Group West Coast Realty
$ 1,050,000
Est. payment /mo
New
199 Fraser St Nanaimo, BC V9R 5C1
10,600 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 10,600 sqft
Price per Sqft $99
MLS Listing ID 1031464
HOA Y/N No
Annual Tax Amount $30,067
Tax Year 2025
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type Business
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.
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.
Location
Province BC
County Nanaimo, City Of
Community Na Old City
Area Nanaimo
Zoning DT4
Interior
Inclusions Equip/Machinery, Fixtures, Goodwill, Leasehold Improvements, Real Estate, Supplies, Trade Name(s), See Remarks
Fireplace No
Exterior
View Y/N No
Garage No
Building
Lot Description Central Location
Others
Restrictions Easement/Right of Way
Ownership Freehold
Acceptable Financing Owner May Carry
Listing Terms Owner May Carry
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