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$1,050,000
British Columbia,Nanaimo
For Sale Active
199 Fraser St, Nanaimo, British Columbia V9R5C1
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Basic Details
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. (id:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 1031464
  • Price: $1,050,000
  • Status: Active
  • Property Sub Type: Business
  • Office Key: 52462
Address Map
  • Location: CA, British Columbia, Nanaimo, V9R5C1
  • Street: Fraser
  • Street Number: 199
  • Street Suffix: Street
  • Longitude: W124° 3' 33.6''
  • Latitude: N49° 10' 2.5''
  • Zoning: Unknown
Additional Information
  • Business Type: Restaurant
  • Lot Features:
  • Lot Size Dimensions: 10724
Financial
  • Tax Annual Amount: 30067.46
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Listing updated: 2026-04-11 20:50:58
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Listing Information
  • List Agent Key: 1995506
  • List Office Key: 52462
  • Modification Timestamp: 2026-04-10T16:20:06Z
  • Originating System Name: Vancouver Island Real Estate Board
  • Status Change Timestamp: 2026-04-10T16:12:26Z
Powered by REALTOR.ca
Listing updated: 2026-04-11 20:50:59
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