Night Clubs for Sale — Old City, Nanaimo, BC
$595,000
34 Victoria Cres, Nanaimo, BC V9R5B8
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)
- —
Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.
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
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.



