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Royal LePage
Royal LePage
$1,550,000

175 & 199 Fraser St, Nanaimo, BC, V9R 5C1

MLS® # 962223

10800 FEETSQ sqft

Property Information:

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

Inclusions: Equip/Machinery,Fixtures,Goodwill,Leasehold Improvements,Parking,Real Estate,Supplies,Trade Name(s),See Remarks

Property Features:

  • Annual Tax Amount: $27,503
  • Floor Space (approx): 10800 Square Feet
  • Inclusions: Equip/Machinery, Fixtures, Goodwill, Leasehold Improvements, Parking, Real Estate, Supplies, Trade Name(s), See Remarks
  • Lot Frontage: 19462 Square Feet
  • Lot Size: 19462.00 Square Feet
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Retail
  • Zoning: DT4

Courtesy of: Sutton Group West Coast Realty W Broadway

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.

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Location of 175 & 199 Fraser St, Nanaimo, BC, V9R 5C1

Demographic Information of 175 & 199 Fraser St, Nanaimo, BC, V9R 5C1

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$80,631.17

Average Number of Children

1.59

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.71 %

High school certificate or equivalent

32.24 %

Apprenticeship trade certificate/diploma

8.66 %

College/non-university certificate

21.62 %

University certificate (below bachelor)

0.73 %

University Degree

25.04 %

Commuter

Travel To Work

By Car

74.95 %

By Public Transit

3.31 %

By Walking

13.96 %

By Bicycle

3.05 %

By Other Methods

4.73 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

76.72 %

Houses

23.28 %

Own Vs. Rent

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