Francine Tracey

Promerita Realty Corp.

Cell 60*-961-6550

Assistant 77*-898-3687

Email: info@francinetracey.com

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1A 1830 CEDAR Road
Out of Town No City Value V9X 1L6

$239,000
Business

Main Photo: 1A 1830 CEDAR Road in No City Value: Out of Town Business for sale : MLS®# C8042681
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Status:
Active
Prop. Type:
Business
MLS® Num:
C8042681
Bus Major:
Food & Beverage
Bus Minor:
FB - Restaurant
Build. Type:
Mixed Use
A well established family restaurant in growing South Nanaimo area, with lots of development - both, residential & commercial planned by the City in the near future. This restaurant specializes in dine-in, take-out and delivery service. Lots of upgrades were done recently in Year 2021. Approx. $4,500.00 per month lease until September 2022, with 5 year renewal available. With a full capacity of 109, and as well a liquor license in place - this is a rare find. Great online presence and local reputation within the community, this is definitely worth a look to take-over as is and build on an already existing strong platform laid by the current operator and earn good returns or consider the location for your own concept with a great local clientele. Contact us today for more information before you loose out on this wonderful opportunity.
Sale Type:
Asset
Major Bus Type:
Food & Beverage
Minor Bus Type:
FB - Restaurant
Building Type:
Mixed Use
Name of Complex/Subdivision:
# Other Units:
Total Floor Area:
2,592 sq. ft.
Lot Area:
2,592 sq. ft.
Land Use/Zoning:
C1
Roof:
Env Assmt Phase:
No
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
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Listed by RE/MAX Crest Realty
Data was last updated October 3, 2022 at 02:10 PM (UTC)
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