199 Fraser St Nanaimo, British Columbia V9R 5C1

$1,050,000

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. (id:57571)

Business

Business Type Restaurant

Property Details

MLS® Number 1031464
Property Type Business
Neigbourhood Old City
Features Central Location
Plan Vip584

Building

Size Exterior 10600 Sqft

Land

Acreage No
Size Irregular 10724
Size Total 10724 Sqft
Size Total Text 10724 Sqft
Zoning Description Dt4
Zoning Type Unknown

https://www.realtor.ca/real-estate/29579503/199-fraser-st-nanaimo-old-city