DOWNTOWN NANAIMO

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432 Fitzwilliam St
Na Old City Nanaimo V9R 3B1

$1,599,000
Commercial Sale

Main Photo: 432 Fitzwilliam St in Nanaimo: Na Old City Business for sale : MLS®# 922819
Photo 1: 432 Fitzwilliam St in Nanaimo: Na Old City Business for sale : MLS®# 922819
Photo 2: 432 Fitzwilliam St in Nanaimo: Na Old City Business for sale : MLS®# 922819
Photo 3: 432 Fitzwilliam St in Nanaimo: Na Old City Business for sale : MLS®# 922819
Photo 4: 432 Fitzwilliam St in Nanaimo: Na Old City Business for sale : MLS®# 922819
Photo 5: 432 Fitzwilliam St in Nanaimo: Na Old City Business for sale : MLS®# 922819
Photo 6: 432 Fitzwilliam St in Nanaimo: Na Old City Business for sale : MLS®# 922819
Photo 7: 432 Fitzwilliam St in Nanaimo: Na Old City Business for sale : MLS®# 922819
Photo 8: 432 Fitzwilliam St in Nanaimo: Na Old City Business for sale : MLS®# 922819
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
922819
Landmark hotel pub and restaurant located in old city quarter, now of Nanaimo's most popular destination from the 1800's. has been beautifully restored in the last few years, preserving all the character and history, business is 117 seat pub, large kitchen, second level is undeveloped and is awaiting your ideas, this property is being offered as a commercial investment with an excellent lease back to pub business. Large lot, approximately 8600 sq feet allows for future expansion behind hotel for commercial or multi family dwelling, allowing grade level parking below development, the pub hotel business is also listed for sale separately at $799,000.
Property Type:
Commercial Sale
Type:
Business
Commercial Type:
Building, Land
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na Old City, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
8,600.06 sq. ft.
Taxes:
Building Features:
Basement, Fire Alarm, Fire Sprinklers, Kitchen/Staff Room, Parking, Shopping Nearby, Storage Room, Transit Nearby, Visual Exposure, See Remarks
Construction:
Frame Wood, Stucco
New Construction:
No
Foundation:
Concrete Perimeter
Electricity:
Yes
Ceiling Heights:
Floor finish:
Mixed, Vinyl
Total Building Area:
8,750 sq. ft.
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
HVAC
Heating:
Hot Water
Fireplace:
No
Pending Date:
Sign: Lighted, Sprinkler System
City, Mountain(s), Ocean
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Zoning:
C-25
Units in Building:
Units in Community:
Occupancy:
Owner
Property Condition:
Updated/Remodeled
Utilities:
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected
Lot Site Features:
Central Location, Corner Lot
Parking Features:
On Site
Total Parking Spaces:
0
Business Name:
Queen's Hotel
Total Units:
Date Listed:
Feb 02, 2023
Original Price:
1599000.0
  • Photo 1: 432 Fitzwilliam St in Nanaimo: Na Old City Business for sale : MLS®# 922819
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  • Photo 2: 432 Fitzwilliam St in Nanaimo: Na Old City Business for sale : MLS®# 922819
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  • Photo 3: 432 Fitzwilliam St in Nanaimo: Na Old City Business for sale : MLS®# 922819
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  • Photo 4: 432 Fitzwilliam St in Nanaimo: Na Old City Business for sale : MLS®# 922819
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  • Photo 5: 432 Fitzwilliam St in Nanaimo: Na Old City Business for sale : MLS®# 922819
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  • Photo 6: 432 Fitzwilliam St in Nanaimo: Na Old City Business for sale : MLS®# 922819
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  • Photo 7: 432 Fitzwilliam St in Nanaimo: Na Old City Business for sale : MLS®# 922819
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  • Photo 8: 432 Fitzwilliam St in Nanaimo: Na Old City Business for sale : MLS®# 922819
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Listed by Macdonald Realty (Pkvl)
Data was last updated March 28, 2023 at 04:05 PM (UTC)
Area Statistics
Listings on market:
19
Avg list price:
$690,000
Min list price:
$99,500
Max list price:
$4,980,000
Avg days on market:
67
Min days on market:
7
Max days on market:
405
These statistics are generated based on the current listing's property type and located in Na Old City. Average values are derived using median calculations.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.