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Commercial Sale

$1,050,000
199 Fraser St, Nanaimo, BC

Address

199 Fraser St, Nanaimo, BC

Price

$1,050,000

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.

Interested in this property?

Contact Scott Parker Personal Real Estate Corporation for more information

Property Details

MLS® Number: 1031464
Property Type: Commercial Sale
Property Subtype: Business
Status: Active
Lot Size: 0.24 acres
Area: Nanaimo - Na Old City
Annual Tax: $30,067 (2025)
Days on Market: 15 days

Additional Property Details

Property Features & Amenities

Features: Central location

Parking & Land Details

Land Size: 10724 sqft
Acreage: false

Landscape & Property Information

Irregular Land Size: 10724
Ownership Type: Freehold
Transaction Type: For sale

MLS® Number

1031464

Property Location

199 Fraser St, Nanaimo, BC

Listed by Sutton Group West Coast Realty

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