One Percent Realty Ltd.
OLD CITY QUARTER
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 941055
- Year Built:
- 1892
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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, THE BUSINESS IS ALSO AVAILABLE AND LISTED SEPARATELY
- Property Type:
- Commercial Sale
- Type:
- Mixed Use
- Commercial Type:
- Building
- Year built:
- 1892 (Age: 131)
- Lease Type:
- Sale of Assets
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Listing General Location:
- Na Old City, Nanaimo
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 10,631.074 sq. ft.
- Lot Details:
- 67.5x157.5
- Taxes:
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- Construction:
- Brick, Frame Wood, Stucco
- New Construction:
- No
- Foundation:
- Concrete Perimeter
- Ceiling Heights:
- Signup
- Floor finish:
- Vinyl
- Leasable Area:
- 8,850 sq. ft.
- Commercial Area:
- Signup
- Water supply:
- Municipal
- Sewer:
- Sewer Available
- Cooling:
- HVAC
- Fireplace:
- No
- Pending Date:
- Signup
- Sign: Lighted
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Jurisdiction name:
- City of Nanaimo
- Legal Description:
- Signup
- Units in Building:
- Signup
- Units in Community:
- Signup
- Occupancy:
- Owner
- Property Condition:
- Updated/Remodeled
- Lot Site Features:
- Central Location, Corner Lot, Rectangular Lot
- Parking Features:
- On Site
- Road Frontage Type:
- Street
- Date Listed:
- Aug 14, 2023
- Original Price:
- 1599000.0
-
Photo 1 of 1
Listed by Island Pacific Realty Ltd.
Data was last updated September 28, 2023 at 04:05 PM (UTC)
Area Statistics
- Listings on market:
- 37
- Avg list price:
- $1,250,000
- Min list price:
- $72,000
- Max list price:
- $7,900,000
- Avg days on market:
- 94
- Min days on market:
- 2
- Max days on market:
- 533
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.
- KARELYN CAMPBELL
- 921 CANADA AVE, DUNCAN, BC V9L 1V2
- 1 (250) 618-8213
- Contact by Email
Location
202 - 505 Hamilton St.
Vancouver, BC, V6B 2R1