Victoria Real Estate
1 Cls St photo 1 of 1

1 Cls St

$250,000

Ucluelet

Detached— · — · —174 days on market

Interested in this home?

Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.

About this home

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:65179)

Property details

From the listing's public record.

Zoning

Unknown

How this listing compares

Based on 25 sales in Ucluelet

Median sold

$895,000

Avg days on market

50 days

Avg sale-to-list

96.5%

Avg $/sqft

$555

Current market in Ucluelet

Active (same type)

16

Pending

2

All active listings

80

Months of supply

7.7

Buyer's market7.7 months of supply at the current sales pace.

Assessment

From publicly available property records.

Homes in Port Alberni sell at 105.7% of assessed value on average.

Based on 350 recent sales.

Local price trend

How Ucluelet has moved over the last decade.

4376109Jul 2016Jun 2021May 2026

Local price index (normalized) · 119 months

Recent nearby sales

9 sales
  • 1950 Cynamocka Rd

    $865,000

    5 bd · 2 ba · 2,000 sqft · $432/sqft · 33 days on market

    Sold May 14, 2026 · 94.6% of list

  • 314 Reef Point Rd

    $1,015,000

    4 bd · 4 ba · 5,540 sqft · $183/sqft · 53 days on market

    Sold Apr 30, 2026 · 92.9% of list

  • 225 Boardwalk Blvd

    $895,000

    2 bd · 1 ba · 720 sqft · $1,243/sqft · 37 days on market

    Sold Apr 20, 2026 · 99.6% of list

  • 978 Peninsula Rd

    $1,048,000

    7 bd · 4 ba · 2,826 sqft · $371/sqft · 80 days on market

    Sold Apr 15, 2026 · 95.4% of list

  • 14-731 Marine Dr

    $475,000

    3 bd · 1 ba · 827 sqft · $574/sqft · 96 days on market

    Sold Mar 31, 2026 · 100% of list

  • 25-731 Marine Dr

    $435,000

    2 bd · — · 784 sqft · $555/sqft · 31 days on market

    Sold Mar 31, 2026 · 100% of list

  • 1301 Pine Rd

    $1,125,000

    6 bd · 4 ba · 2,284 sqft · $493/sqft · 36 days on market

    Sold Feb 11, 2026 · 95.5% of list

  • 246 Lee St

    $810,000

    5 bd · 3 ba · 2,014 sqft · $402/sqft · 38 days on market

    Sold Jan 27, 2026 · 95.4% of list

  • 437 Marine Dr

    $788,000

    4 bd · 3 ba · 2,516 sqft · $313/sqft · 23 days on market

    Sold Jan 5, 2026 · 94.9% of list

More on this listing

Interested in this home?

Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.

Powered by REALTOR.caListed by Real Broker