NANAIMO

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432 Fitzwilliam St
Na Old City Nanaimo V9R 3B1

$1,080,000
Commercial Sale built: 1892

View of building exterior
Photo 1: 432 Fitzwilliam St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 989162
Photo 2: 432 Fitzwilliam St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 989162
Photo 3: 432 Fitzwilliam St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 989162
Photo 4: 432 Fitzwilliam St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 989162
Photo 5: 432 Fitzwilliam St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 989162
Photo 6: 432 Fitzwilliam St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 989162
Photo 7: 432 Fitzwilliam St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 989162
Photo 8: 432 Fitzwilliam St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 989162
Photo 9: 432 Fitzwilliam St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 989162
Photo 10: 432 Fitzwilliam St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 989162
Photo 11: 432 Fitzwilliam St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 989162
Photo 12: 432 Fitzwilliam St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 989162
Photo 13: 432 Fitzwilliam St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 989162
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
989162
Year Built:
1892
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.
Property Type:
Commercial Sale
Type:
Mixed Use
Commercial Type:
Building
Year built:
1892 (Age: 133)
Lease Type:
Assignment of Lease
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na Old City, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
10,631 sq. ft.
Lot Details:
67.5x157.5
Taxes:
Construction:
Brick, Frame Wood, Stucco
New Construction:
No
Foundation:
Concrete Perimeter
Ceiling Heights:
Floor finish:
Vinyl
Leasable Area:
8,850 sq. ft.
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer Available
Cooling:
HVAC
Heating:
Hot Water
Fireplace:
No
Pending Date:
Sign: Lighted
Main Level
0
Yes
No
Unrestricted
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:
Property Condition:
Updated/Remodeled
Lot Site Features:
Central Location, Corner Lot, Rectangular Lot
Parking Features:
On Site
Road Frontage Type:
Street
Business Name:
Occidental Hotel
Business Type:
Restaurant/Bar
Business Established Year:
1892
Total Units:
Date Listed:
Feb 26, 2025
Original Price:
950000.0
  • Photo 1: 432 Fitzwilliam St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 989162
    View of building exterior
  • Photo 2: 432 Fitzwilliam St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 989162
    View of property at twilight
  • Photo 3: 432 Fitzwilliam St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 989162
    View of building exterior
  • Photo 4: 432 Fitzwilliam St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 989162
    Property's view of city featuring a mountain view
  • Photo 5: 432 Fitzwilliam St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 989162
    View of office area
  • Photo 6: 432 Fitzwilliam St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 989162
    Photo 6 of 13
  • Photo 7: 432 Fitzwilliam St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 989162
    Photo 7 of 13
  • Photo 8: 432 Fitzwilliam St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 989162
    View of storage
  • Photo 9: 432 Fitzwilliam St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 989162
    Photo 9 of 13
  • Photo 10: 432 Fitzwilliam St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 989162
    Photo 10 of 13
  • Photo 11: 432 Fitzwilliam St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 989162
    View of utilities
  • Photo 12: 432 Fitzwilliam St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 989162
    Photo 12 of 13
  • Photo 13: 432 Fitzwilliam St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 989162
    View of miscellaneous room
Listed by Island Pacific Realty Ltd.
Data was last updated March 6, 2025 at 06:05 PM (UTC)
Area Statistics
Listings on market:
24
Avg list price:
$897,500
Min list price:
$23
Max list price:
$4,750,000
Avg days on market:
94
Min days on market:
2
Max days on market:
316
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.
JOE SQUIRE

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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.