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Na Pleasant Valley Nanaimo

$359,000
Commercial Sale

Main Photo: Nanaimo BC
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1002238
Live and Work in Paradise! Own an Iconic Pizza & Pasta Restaurant in Nanaimo, BC. Step into a golden opportunity to own a cherished, family-owned restaurant that's been delighting Nanaimo's community since1997! This renowned pizza and pasta haven isn't just a restaurant-it's a beloved local institution with established trademarks, nestled in a vibrant, high-traffic plaza alongside a prominent franchise hotel. The bustling shopping center boasts a diverse array of tenants, including a popular cannabis retailer, beloved local vendors, and soon, an exciting new Asian market, ensuring continuous foot traffic and visibility. Generating impressive annual sales of approximately $490,000 and a robust net op. Serious inquiries only - a Non-Disclosure Agreement (NDA) is required to access private details and schedule a confidential showing
Property Type:
Commercial Sale
Type:
Business
Commercial Type:
Business
Lease Rate:
16.36
Lease Type:
Gross
Existing Lease Expiry:
Sep 30, 2025
Listing General Location:
Na Pleasant Valley, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Taxes:
$0 / 2025
Building Features:
Fire Alarm, Fire Sprinklers, Leasehold Improvements, Public Restroom(s), Security System, Shopping Centre, Shopping Nearby, Visual Exposure, See Remarks
Electricity:
Yes
Total Building Area:
2,200 sq. ft.
Commercial Area:
Not Applicable
Subdivisable Area:
No
Fireplace:
No
Fixtures, Goodwill, Leasehold Improvements, Parking, Real Estate, Trade Name(s), See Remarks
Inventory
Sign: Allowed, Sign: Pylon, Storefront
Main Level
Assessed:
0.0
Assessment year:
2025
Approximate Inventory Value:
5000
Fixed Equipment Approx. Value:
150000
Goodwill Approx. Value:
100000
Gross Income:
490000.0
Operational Expense Per Sq Ft:
334.0
Net Operating Income:
250000.0
Jurisdiction name:
City of Nanaimo
Legal Description:
BUSINESS OPPORTUNITY
Zoning:
CC-4
Legal Non-Conformance:
No
Occupancy:
Owner
Utilities:
Electricity Connected, See Remarks
Parking Features:
On Site
Total Parking Spaces:
20
Road Frontage Type:
Other
Road Surface Type:
Paved
Business Type:
Restaurant/Bar
Business Established Year:
1997
Date Listed:
May 27, 2025
Original Price:
359000.0
  • Photo 1: Nanaimo BC
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Listed by Laboutique Realty
Data was last updated December 14, 2025 at 10:05 PM (UTC)
Area Statistics
Listings on market:
94
Avg list price:
$914,000
Min list price:
$23
Max list price:
$13,500,000
Avg days on market:
130
Min days on market:
5
Max days on market:
599
These statistics are generated based on the current listing's property type and located in Nanaimo. Average values are derived using median calculations. This data is not produced by the MLS® system.
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TICARA COERTZE
STEVE GILLESPIE
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.