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Main Photo: 502 530 5th St in Nanaimo: Na South Nanaimo Business for sale : MLS®# 1007849
Photo 1: 502 530 5th St in Nanaimo: Na South Nanaimo Business for sale : MLS®# 1007849
Photo 2: 502 530 5th St in Nanaimo: Na South Nanaimo Business for sale : MLS®# 1007849
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Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1007849
Well established business for sale. One owner has operated over 10 years and it is time to retire. Well maintained and updated. Brand new ventless hood with grill & deep fryer installed! Located in University Village near VIU. Perfect to go restaurant business for students and neighbours. Great potential for all kinds of restaurants. Plenty of parking spaces. Take this great opportunity! All data and measurements are approximate and should be verified if important. Do not approach owners and staff.
Property Type:
Commercial Sale
Type:
Business
Commercial Type:
Business
Lease Type:
Sale of Assets
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na South Nanaimo, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Taxes:
Ceiling Heights:
Commercial Area:
Fireplace:
No
Pending Date:
Main Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Zoning:
CC3
Units in Building:
Units in Community:
Parking Features:
On Site
Business Type:
Restaurant/Bar
Total Units:
Date Listed:
Jul 17, 2025
Original Price:
92000.0
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Listed by REMAX Professionals
Data was last updated July 29, 2025 at 12:05 PM (UTC)
Area Statistics
Listings on market:
14
Avg list price:
$1,300,000
Min list price:
$92,000
Max list price:
$7,403,000
Avg days on market:
39
Min days on market:
5
Max days on market:
116
These statistics are generated based on the current listing's property type and located in Na South Nanaimo. Average values are derived using median calculations. This data is not produced by the MLS® system.
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.