432 Fitzwilliam St Pending

Nanaimo,BC V9R 3B1

$ 1080000

- Bed

- Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 989162

Rental Info Unrestricted

Year Built 1892

Annual Tax Amount $20,196

Tax Year 2024

Lot Size 10,454 Sqft

Acres 0.24

Lot Dimensions 67.5x157.5

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

Tax ID 002-605-805

Ownership Freehold

Acceptable Financing Must Be Paid Off,Seller May Carry

Listing Terms Must Be Paid Off,Seller May Carry

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