PRICED TO SELL! Exceptional opportunity to acquire two contiguous parcels totalling over 15, 000 sq. ft. in the heart of Downtown Nanaimo with DT5 zoning supporting mixed-use and higher-density development. The building offers approx. 3, 092 sq. ft. of improved space, including 2, 192 sq. ft. on the main floor and 900 sq. ft. in the basement. The main level features three 2-piece washrooms, a lounge with custom bar and cabinetry, and a two-tier dining area. The basement includes two offices, a 2-piece washroom, storage rooms, and utility/crawlspace. Recent improvements to include a new roof. Exterior features include a 408 sq. ft. front deck with pergola and 304 sq. ft. side deck, while the adjoining lot provides gravel parking or expansion potential. Ideal to rebuild a restaurant or reimagine for medical, dental, veterinary, or professional use—all in a walkable, transit-connected downtown location steps from the waterfront. Contact listing agent for more details. (id:55532)