199 Fraser St, Nanaimo, BC V9R 5C1
199 Fraser St, Nanaimo, BC V9R 5C1
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Listing by Chris Sutton Sutton Group West Coast Realty
$1,050,000
Est. payment /mo
10,600 SqFt
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Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 10,600 sqft

Price per Sqft $99

MLS Listing ID 1031464

HOA Y/N No

Annual Tax Amount $30,067

Tax Year 2025

Lot Size 10,454 Sqft

Acres 0.24

Property Sub-Type Business

Property Description

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.

Location

Province BC

County Nanaimo, City Of

Community Na Old City

Area Nanaimo

Zoning DT4

Interior

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

Fireplace No

Exterior

View Y/N false

Garage No

Building

Lot Description Central Location

Others

Restrictions Easement/Right of Way

Ownership Freehold

Acceptable Financing Owner May Carry

Listing Terms Owner May Carry


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Jason Anson
Jason Anson

Agent | License ID: 188385

+1(250) 252-7653 | sold@jasonanson.ca

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199 Fraser St

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