432 Fitzwilliam St, Nanaimo, BC, V9R 3B1

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MLS® # 989162

Property Information:

LANDMARK HOTEL PUB AND RESTRAUNT, LAND AND BUILDINGS INVESTMENT OPPORTUNITY, LOCATED IN THE OLD CITY QUARTER OF NANAIMO DOWNTOWN , BUILT IN 1892 . A POPULAR DESTINATION SINCE THE LATE 1800'S, BEAUTIFULLY RESTORED IN THE LAST FEW YEARS INCLUDING STRUCTURAL UPGRADES, THE PROPERTY IS BEING OFFERED AS A COMMERCIAL INVESTMENT WITH AN EXCELLENT LEASE BACK TO THE PUB AND RESTAURANT. THE PUB RESTAURANT IS LICENSED FOR 117 SEAT, 2ND LEVEL IS UNDEVELOPED IS AWAITING YOUR IDEAS. THE LARGE LOT IS OVER 10,000 SQ FEET ALLOWS FOR FUTURE EXPANSION BEHIND THE HOTEL FOR COMMERCIAL MULI-FAMILY MIXED USE WITH GRADE LEVEL PARKING BELOW THE EXPANSION BUILDING.

Property Features:

Annual Tax Amount: $20,196
Built in: 1892
Business Type: Restaurant/Bar
Construction Materials: Brick, Frame Wood, Stucco
Cooling: HVAC
Exterior Features: Sign: Lighted
Flooring: Vinyl
Foundation Details: Concrete Perimeter
Heating: Hot Water
Lot Features: Central Location, Corner Lot, Rectangular Lot
Lot Frontage: 10631 Square Feet
Lot Size: 10631.00 Square Feet
Ownership: Freehold
Parking Features: On Site
Property Condition: Updated/Remodeled
Property Sub Type: Mixed Use
Road Frontage Type: Street
Water Source: Municipal
Sewer: Sewer Available

Courtesy of: Island Pacific Realty Ltd.

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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