MLS® 1044574

Restaurants for Sale — University District, Nanaimo, BC

$99,000

104 601 Bruce Ave, Nanaimo, BC V9R3Y6

80
Walk Score
48
Transit
55
Bike
Walk Score® by Redfin
RestaurantsFor Sale
Restaurant
Type
80
Walk Score
48
Transit
55
Bike
Walk Score® by Redfin

Property details

Structured details

Ownership
Leasehold
Lot features
Central location, Other

Listing Information

MLS®
1044574
Listed
July 29, 2026
Time on market
47 days
Data last synced
September 14, 2026
Source
CREA DDF®

Description

This fully built-out quick-service restaurant offers a rare chance to step into a high-quality space designed for both dine-in and grab-and-go service. With seating for up to 35 guests and a food license in place, this location is ready to operate from day one. Featuring strong street visibility, impressive frontage, and access to a large shared parking lot, the restaurant benefits from consistent foot and vehicle traffic driven by prominent anchor tenants. The commercial kitchen is fully vented and equipped with a 10x8 walk-in cooler and ample prep space, making it suitable for a wide variety of food concepts. Ideally situated in a newer development surrounded by residential neighborhoods and a nearby university campus, this is a prime location for a food business looking to capture steady local demand. Confidential listing – NDA required for further information. (id:63159)

Financing calculator

Estimate your monthly payment on the $99,000 asking price.

Financing details
Monthly debt service
$961
Cash required at close
$44,800
DSCR
Cash-on-cash return (yr 1)

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Location

Local market size (Nanaimo)

Population
99,863(+10.3% since 2016)
Population density
1,104.1/km²
Median household income
$75,500

Source: Statistics Canada, 2021 Census of Population.

Education

Bachelor's degree or higher
23.4%
Postsecondary below bachelor's
32.6%
High school diploma
30.5%
No certificate/diploma
13.5%

Population aged 15 and over.

Commute

Car, truck or van
86.8%
Public transit
4.0%
Walked
5.2%
Bicycle
1.4%
Other
2.6%

Commute duration

Under 15 min
45.9%
15–29 min
36.0%
30–44 min
10.4%
45–59 min
3.0%
60+ min
4.7%

Employed labour force with a usual workplace.

Mother Tongue

English85.5%
Mandarin1.6%
French1.2%
Punjabi (Panjabi)1.2%
German0.9%
Tagalog (Pilipino, Filipino)0.7%
Spanish0.6%
Vietnamese0.5%
Korean0.5%
Arabic0.5%

Top 10 mother tongues reported (single responses).

Nearby Places

Restaurants (5+)

  • Burger Factory Nanaimo · 601 Bruce Avenue12m
  • Ai Sushi go143m
  • Baby Salsa161m
  • Rhythm Chinese Restaurant164m
  • Mandarin House401m

Cafes (2)

  • Tim Hortons61m
  • Starbucks · 540 Fifth Street120m

Grocery (2)

  • Buy Low Foods169m
  • Truong Thanh Specialty Asian Grocery401m

Shopping (2)

  • Unnamed · 510 Fifth Street139m
  • University Village · 530 Fifth Street178m

Parks (5+)

  • Old Harewood School Sports Field · 502 Howard Avenue348m
  • Robins Park535m
  • Rosamond Park · 1 Rosamond Street564m
  • Durham Park · 423 Pine Street586m
  • Chesterlea Park · 343 Chesterlea Avenue655m

Pharmacies (1)

  • Shoppers Drug Mart127m

Nearby places data: © OpenStreetMap contributors.

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Frequently asked questions

What is the asking price for this restaurant?

The asking price is $99,000.

Where is this business located?

This listing is located in Nanaimo, British Columbia.

How current is this listing?

This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 14, 2026.