
1 Cls St
$250,000
Ucluelet
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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 UclueletMedian 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 market — 7.7 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.
Local price index (normalized) · 119 months
Recent nearby sales
9 sales1950 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
Interested in this home?
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