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.
Address
432 Fitzwilliam St
List Price
$1,080,000
Property Type
Commercial Sale
Type of Dwelling
Mixed Use
Area
Nanaimo
Sub-Area
Na Old City
Lot Size
10631 Sq. Ft.
Lot Size (Acres)
0.24 Ac.
Year Built
1892
MLS® Number
989162
Listing Brokerage
Island Pacific Realty Ltd.
Postal Code
V9R 3B1
Tax Amount
$20,196.94
Tax Year
2024
Features
Hot Water, Vinyl
Amenities
Central Location, Corner Lot, Rectangular Lot, Sign: Lighted