MLS® 1044220

Night Clubs for Sale — Old City, Nanaimo, BC

$595,000

34 Victoria Cres, Nanaimo, BC V9R5B8

96
Walk Score
57
Transit
51
Bike
Walk Score® by Redfin
Restaurant, Service
Type
7,140 square feet
Building area
5,800 square feet
Lot size
96
Walk Score
57
Transit
51
Bike
Walk Score® by Redfin

Property details

Structured details

Ownership
Leasehold
Lot dimensions
5800
Heating
Heat Pump, Natural gas
Cooling
Fully air conditioned
Security
Fire alarm system
Lot features
Other, Marine Oriented

From the listing remarks

Seats
200 seats

Stated by the listing brokerage in the remarks; not verified. Hover a value to see the exact sentence it came from.

Listing Information

MLS®
1044220
Listed
July 24, 2026
Time on market
52 days
Data last synced
September 15, 2026
Source
CREA DDF®

Description

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 all sound equipment and all kitchen equipment and appliances. Financials available. (id:63159)

Financing calculator

Estimate your monthly payment on the $595,000 asking price.

Financing details
Monthly debt service
$5,775
Cash required at close
$144,000
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+)

  • Thai Cook · 22 Victoria Crescent24m
  • Bastion Pizza Company · 16 Victoria Crescent40m
  • Nana Sushi · 14 Victoria Crescent46m
  • Bamboo Garden · 67 Victoria Crescent61m
  • Diamond Indian Cuisene · 489 Wallace Street99m

Cafes (5+)

  • The Vault Cafe · 499 Wallace Street85m
  • Starbucks · 650 Terminal Avenue166m
  • Serious Coffee · 60 Commercial Street173m
  • Gabriel's Gourmet Cafe · 39 Commercial Street194m
  • Ironworks Café & Crêperie · 200 Commercial Street363m

Grocery (5+)

  • Levant Foods · 56 Victoria Crescent27m
  • ManLee Oriental · 385 Terminal Avenue234m
  • Thrifty Foods · 650 Terminal Avenue245m
  • The Green Store: Discount Organic · 256 Wallace Street461m
  • Superette548m

Shopping (2)

  • London Drugs · 650 Terminal Avenue197m
  • Port Place Shopping Centre · 650 Terminal Avenue223m

Parks (5+)

  • Italian Square Park88m
  • Pioneer Square Park129m
  • Piper Park209m
  • Nob Hill Park · 400 Milford Crescent271m
  • McGregor Park · 126 Front Street314m

Gyms (4)

  • Kind Society Yoga374m
  • Iyengar Yoga Nanaimo · 335 Wesley Street447m
  • Dolly's Gym · 111 Nicol Street451m
  • Force Boxing & Fitness · 165 Fraser Street588m

Pharmacies (2)

  • Central Drugs189m
  • Wallace Pharmacy678m

Banks & ATMs (5+)

  • TD124m
  • Scotiabank · 65 Commercial Street217m
  • CIBC · 650 Terminal Avenue221m
  • Scotiabank · 65 Commercial Street226m
  • Coastal Community Credit Union · 59 Wharf Street256m

Healthcare (5+)

  • The Medical Arts Urgent & Primary Care Centre · 650 Terminal Avenue177m
  • Island Oral Facial & Implant Surgery198m
  • Nanaimo Addiction Clinic & Outreach Pharmacy · 55 Victoria Road305m
  • Wallace On Wesley Medical Clinic337m
  • Harbour City Physiotherapy371m

Nearby places data: © OpenStreetMap contributors.

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Frequently asked questions

What is the asking price for this night club?

The asking price is $595,000.

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 15, 2026.