Bought with Ryan Stolz eXp Realty (NA)
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432 Fitzwilliam St Nanaimo, BC V9R 3B1
10,454 Sqft Lot
Key Details
Sold Price -
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 989162
Sold Date -
HOA Y/N No
Year Built 1892
Annual Tax Amount $20,196
Tax Year 2024
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type Mixed Use
Property Description
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.
Location
Province BC
County Nanaimo, City Of
Community Na Old City
Area Nanaimo
Interior
Heating Hot Water
Cooling HVAC
Flooring Vinyl
Fireplace No
Exterior
Exterior Feature Sign: Lighted
Parking Features On Site
View Y/N false
Garage No
Building
Lot Description Central Location, Corner Lot, Rectangular Lot
Foundation Concrete Perimeter
Sewer Sewer Available
Water Municipal
Others
Ownership Freehold
Acceptable Financing Must Be Paid Off, Owner May Carry
Listing Terms Must Be Paid Off, Owner May Carry
Special Listing Condition Updated/Remodeled
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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.”