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432 Fitzwilliam St
Na Old City Nanaimo V9R 3B1

$960,000
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:
Sold
Sold Date:
May 01, 2025
Sold Price:
$960,000
Sold in:
64 days
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
Listing General Location:
Na Old City, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
10,631 sq. ft.
Lot Details:
67.5x157.5
Taxes:
$20,196.94 / 2024
Construction:
Brick, Frame Wood, Stucco
New Construction:
No
Foundation:
Concrete Perimeter
Floor finish:
Vinyl
Leasable Area:
8,850 sq. ft.
Commercial Area:
Not Applicable
Water supply:
Municipal
Sewer:
Sewer Available
Cooling:
HVAC
Heating:
Hot Water
Fireplace:
No
Pending Date:
Apr 10, 2025
Date Sold:
May 01, 2025
Sign: Lighted
Main Level
0
Yes
No
Unrestricted
Assessed:
1174000.0
Assessment year:
2025
Jurisdiction name:
City of Nanaimo
Legal Description:
LOT 2, BLOCK 33, PLAN VIP584, SECTION 1, NANAIMO LAND DISTRICT, EXC PCL A OF LOT 2 (DD14222N) LOT 3 BLOCK 33 PLAN VIP584 SEC 1 NANAIMO LAND DISTRICT PID's: 002-605-805 & 002-605-699
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:
0
Date Listed:
Feb 26, 2025
  • 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
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Listed by Island Pacific Realty Ltd., sold on May, 2025
Data was last updated July 11, 2025 at 06:05 PM (UTC)
JEFF MEYER
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.