$960,000
$1,080,000
11.1%For more information regarding the value of a property, please contact us for a free consultation.
432 Fitzwilliam St Nanaimo, BC V9R 3B1
10,454 Sqft Lot
Key Details
Sold Price $960,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 989162
Year Built 1892
Annual Tax Amount $20,196
Tax Year 2024
Lot Size 10,454 Sqft
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
Area Na Old City
Interior
Heating Hot Water
Cooling HVAC
Flooring Vinyl
Exterior
Exterior Feature Sign: Lighted
Parking On Site 1
Building
Lot Description Central Location, Corner, Rectangular Lot
Foundation Poured Concrete
Sewer Sewer Available
Water Municipal
Structure Type Brick,Frame Wood,Stucco
Others
Acceptable Financing Must Be Paid Off, Seller May Carry
Listing Terms Must Be Paid Off, Seller May Carry
Read Less
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Bought with eXp Realty (NA)