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Main Photo: 6631 Island Hwy in Nanaimo: Na North Nanaimo Business for sale : MLS®# 991272
Photo 1: 6631 Island Hwy in Nanaimo: Na North Nanaimo Business for sale : MLS®# 991272
Photo 2: 6631 Island Hwy in Nanaimo: Na North Nanaimo Business for sale : MLS®# 991272
Photo 3: 6631 Island Hwy in Nanaimo: Na North Nanaimo Business for sale : MLS®# 991272
Photo 4: 6631 Island Hwy in Nanaimo: Na North Nanaimo Business for sale : MLS®# 991272
Photo 5: 6631 Island Hwy in Nanaimo: Na North Nanaimo Business for sale : MLS®# 991272
Photo 6: 6631 Island Hwy in Nanaimo: Na North Nanaimo Business for sale : MLS®# 991272
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
991272
A once-in-a-lifetime opportunity to own a thriving, high-traffic food court business in Woodgrove Mall, one of Vancouver Island’s premier shopping destinations. This turnkey venture features modern renovations, a walk-in cooler, freezer, and extra storage, all with no franchise restrictions, granting you full control over operations, products, and branding. With a secure 10-year lease and only 1.5 years in operation. It offers strong revenue, high profit margins, and excellent resale value in a prime location. The motivated seller is shifting focus to other ventures—seize this rare chance while it lasts! Contact us today!
Property Type:
Commercial Sale
Type:
Business
Commercial Type:
Business
Lease Type:
Sale Of Shares
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na North Nanaimo, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Taxes:
Ceiling Heights:
Commercial Area:
Fireplace:
No
Pending Date:
Main Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Units in Building:
Units in Community:
Parking Features:
On Site
Business Name:
Pho 11
Business Type:
Restaurant/Bar
Business Established Year:
2023
Total Units:
Date Listed:
Mar 11, 2025
Original Price:
480000.0
  • Photo 1: 6631 Island Hwy in Nanaimo: Na North Nanaimo Business for sale : MLS®# 991272
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  • Photo 2: 6631 Island Hwy in Nanaimo: Na North Nanaimo Business for sale : MLS®# 991272
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  • Photo 3: 6631 Island Hwy in Nanaimo: Na North Nanaimo Business for sale : MLS®# 991272
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  • Photo 4: 6631 Island Hwy in Nanaimo: Na North Nanaimo Business for sale : MLS®# 991272
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  • Photo 5: 6631 Island Hwy in Nanaimo: Na North Nanaimo Business for sale : MLS®# 991272
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  • Photo 6: 6631 Island Hwy in Nanaimo: Na North Nanaimo Business for sale : MLS®# 991272
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Listed by eXp Realty (NA)
Data was last updated April 29, 2025 at 12:05 PM (UTC)
Area Statistics
Listings on market:
98
Avg list price:
$1,037,500
Min list price:
$10,000
Max list price:
$24,517,000
Avg days on market:
98
Min days on market:
3
Max days on market:
586
These statistics are generated based on the current listing's property type and located in Nanaimo. Average values are derived using median calculations.

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.