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. (id:47421)
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Detailed Information
Features
Central location, Corner Site, Rectangular
Listing Contract Date
2025-02-26
Municipal ID
002-605-805
Ownership Type
Freehold
Plan
VIP584
Property Type
Other
Transaction Type
For sale
Zoning
Unknown
Business
Business Type
Restaurant
Name
Occidental Hotel
Building
Constructed Date
1892
Cooling Type
Fully air conditioned
Heating Type
Hot Water
Type
Commercial Mix
Land
Total Size
10631 square feet
Access Type
Road access
Size of Irregular Land
10631
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