OLD CITY - DOWNTOWN LISTINGS

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199 Fraser St
Na Old City Nanaimo V9R 5C1

$99,000
Commercial Sale

Main Photo: 199 Fraser St in Nanaimo: Na Old City Business for sale : MLS®# 965828
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
965828
Iconic family-run restaurant located 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. Turn-key operation with plenty of upside potential Building and Land available for sale as well. Please do not approach staff.
Property Type:
Commercial Sale
Type:
Business
Commercial Type:
Business
Lease Type:
Sale of Assets
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na Old City, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
19,462 sq. ft.
Taxes:
Ceiling Heights:
Commercial Area:
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Zoning:
DT4
Units in Building:
Units in Community:
Occupancy:
Owner
Parking Features:
On Site
Business Type:
Restaurant/Bar
Total Units:
Date Listed:
May 27, 2024
Original Price:
99000.0
  • Photo 1: 199 Fraser St in Nanaimo: Na Old City Business for sale : MLS®# 965828
    Photo 1 of 1
Listed by Sutton Group-West Coast Realty
Data was last updated December 9, 2024 at 06:05 AM (UTC)
Area Statistics
Listings on market:
28
Avg list price:
$897,000
Min list price:
$23
Max list price:
$4,500,000
Avg days on market:
73
Min days on market:
6
Max days on market:
303
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
MICHAEL PETERSON PREC
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.