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34 Victoria Cres
Na Old City Nanaimo V9R 5B8

$595,000
Commercial Sale

Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1044220
Offered for sale - The Queens Hotel Business. Includes bar/nightclub, full facility kitchen, offices. Located in the historic building built in 1901 in the heart of Downtown Old City. Close to the water front, casino, Convention Center and business with the expanding multi-family downtown projects will provide and continued expanded cliental. This business is known as the place to go for live entertainment with over 50 years as a live entertainment venue, has featured many of the most demanded top artists and local musicians. One of the best dance floors in town, this pub is with primary liquor license for 200 seat capacity. The business boosts a complete support staff, many whom have been the stable of this turn key business for years. Full service kitchen. Includes sound equipment and kitchen appliances.
Property Type:
Commercial Sale
Type:
Business
Commercial Type:
Business
Lease Type:
Assignment of Lease
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na Old City, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
5,800 sq. ft.
Taxes:
Building Features:
Fire Alarm, Kitchen/Staff Room, Public Restroom(s), Security System, Shopping Nearby, Transit Nearby
Construction:
Brick, Concrete, Frame Wood
New Construction:
No
Foundation:
Concrete Perimeter
Electricity:
Yes
Ceiling Heights:
Floor finish:
Hardwood, Mixed
Total Building Area:
7,140 sq. ft.
Leasable Area:
7,140 sq. ft.
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
HVAC
Heating:
Heat Pump, Natural Gas
Fireplace:
No
Pending Date:
Equip/Machinery, Fixtures, Goodwill, Trade Name(s)
Real Estate
Sign: Allowed, Wheelchair Access
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:
Units in Building:
Units in Community:
Occupancy:
Partially Occupied
Property Condition:
Updated/Remodeled
Utilities:
Cable Connected, Electricity Connected, Natural Gas Available, Phone Connected
Lot Site Features:
Easy Access, Marina Nearby
Road Surface Type:
Paved
Business Type:
Restaurant/Bar, Service
Total Units:
Date Listed:
Jul 24, 2026
Original Price:
595000.0
Larger map options:
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Listed by Island Pacific Realty Ltd.
Data was last updated July 25, 2026 at 04:05 PM (UTC)
Area Statistics
Listings on market:
29
Avg list price:
$750,000
Min list price:
$99,000
Max list price:
$15,900,000
Avg days on market:
96
Min days on market:
1
Max days on market:
789
These statistics are generated based on the current listing's property type and located in Na Old City. Average values are derived using median calculations. This data is not produced by the MLS® system.
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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.
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.