Downtown Nanaimo Landmark Restaurant For Sale

Business description

This downtown eatery combines indoor dining with the ambience of the outdoors on its patio and is one of a handful of local restaurants that successfully emulates the big city dining experience. Situated squarely in the middle of Nanaimo’s Business District, the Modern Cafe is within easy walking distance to Nanaimo’s waterfront, shopping, entertainment, and transportation links. A Downtown Nanaimo fixture for almost 60 years, the Modern Café was purchased and renovated by a
successful Vancouver business person who saw the incredible potential of the location.
Declared by the Downtown Nanaimo Partnership as a “visionary conversion of a landmark property and business” upon its re-opening in 2004, the Modern Café’s new look with plush booths, sand blasted brick and abundant wood made it an instant hit. The restaurant’s appeal is universal; the clientele ranges from business people, theatre patrons. university students, tourists and local casual diners. The menu is global fare and includes a tapas menu and extensive cocktail list. The Modern Café is known for its busy lunch and dinner crowds and being a great late night destination. This award winning restaurant presently offers breakfast, lunch and dinner service, and coffee bar service seven days a week. The Modern Café is ideally suited for a “hands on” operator well versed in front and back end operations of a busy downtown restaurant.

Property information

Real Estate:

Lease

Location:

The city of Nanaimo is a classic West Coast community and the second largest city on Vancouver Island, Nanaimo promises a lively and unique urban experience. Downtown along Commercial Street, Victoria Crescent, and Fitzwilliam Street is a thriving mix of restaurants, music venues, shops, galleries, and exciting nightspots. A new conference center set in the heart of the city is attracting another wave of retail and service businesses that cater to visitors.

Premises details:

2,762 sq. ft. of leased premises now in the second three-year term of a nine year lease.

Size in square feet:

2,762

Other information

Expansion potential:

“Level Two” nightclub soon to open in neighbouring space thereby augmenting existing foot traffic to and
from the front doors