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.
Address
199 Fraser St
List Price
$1,050,000
Property Type
Commercial Sale
Type of Dwelling
Business
Transaction Type
Sale
Area
Nanaimo
Sub-Area
Na Old City
Lot Size
10724 Sq. Ft.
Lot Size (Acres)
0.24 Ac.
MLS® Number
1031464
Listing Brokerage
Sutton Group West Coast Realty
Postal Code
V9R 5C1
Tax Amount
$30,067.46
Tax Year
2025
Amenities
Central Location