1 CLS St

1 CLS St · Nanaimo · Business · $250,000 · MLS 1022552

Nanaimo, British Columbia

C$250,000

For sale

1 CLS St is located in Nanaimo. Property snapshot: Business, listed at $250,000, MLS 1022552. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 78. Latest recorded list price 250000.00.

List Price: $250,000

MLS: 1022552

Days on Site: 78

Price History: Latest recorded list price 250000.00

Local Decision Guide

How should buyers evaluate 1 CLS St?

Start by reading this listing in its Nanaimo context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?

Recent comparable sales, competing active listings, days on market, price changes and current market pace.
Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.

How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 1 CLS St?

This page shows a list price of $250,000 with MLS 1022552.

What type of home is this Nanaimo listing?

The page shows Business at 1 CLS St. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about 78 days on market/site. Latest recorded list price 250000.00.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

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Remarks

Amazing Restaurant Opportunity in the Heart of Nanaimo. Although this restaurant has been very profitable, the current owners are relocating the brand and menu to a new location. As such, the leasehold, equipment, and all operational assets are available for purchase by a new owner. The establishment offers seating for nearly 100 guests and presents significant potential under your own brand. The asking price is below the cost of starting from scratch, making this an exceptional opportunity for a buyer with their own concept to step in and benefit from from the improvements & equipment already in place. Restaurant ownership in Nanaimo offers a rewarding lifestyle and the chance to be part of a vibrant and supportive community. Important: Please do not approach the premises without a scheduled appointment and an agent present. All prospective purchasers are required to complete and sign a confidentiality agreement. Opportunities like this below-replacement-cost price—are rare! (id:56153)