OLD CITY - DOWNTOWN LISTINGS
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 962223
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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
- Property Type:
- Commercial Sale
- Type:
- Retail
- Commercial Type:
- Building
- Lease Type:
- Sale of Assets
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- Na Old City, Nanaimo
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 19,462 sq. ft.
- Taxes:
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- Ceiling Heights:
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- Total Building Area:
- 10,800 sq. ft.
- Commercial Area:
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- Subdivisable Area:
- Yes
- Fireplace:
- No
- Pending Date:
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- Equip/Machinery, Fixtures, Goodwill, Leasehold Improvements, Parking, Real Estate, Supplies, Trade Name(s), See Remarks
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Parking Features:
- On Site
- Total Units:
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- Date Listed:
- Apr 24, 2024
- Original Price:
- 1750000.0
-
Photo 1 of 1
Listed by Sutton Group West Coast Realty W Broadway
Data was last updated December 21, 2024 at 02:05 PM (UTC)
Area Statistics
- Listings on market:
- 26
- Avg list price:
- $872,500
- Min list price:
- $23
- Max list price:
- $4,290,000
- Avg days on market:
- 84
- Min days on market:
- 11
- Max days on market:
- 315
These statistics are generated based on the current listing's property type
and located in
Na Old City. Average values are
derived using median calculations.
- DEANA BAUMEL PREC
- RE/MAX OF NANAIMO
- 250-619-1220
- Deana@NanaimoPropertyGroup.ca
- MICHAEL PETERSON PREC
- RE/MAX OF NANAIMO
- 250-756-7653
- Michael@NanaimoPropertyGroup.ca