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530 2980 Island Hwy
Na Central Nanaimo Nanaimo V9T 5V4

$375,000
Commercial Sale

Main Photo: 530 2980 Island Hwy in Nanaimo: Na Central Nanaimo Business for sale : MLS®# 1026776
Photo 1: 530 2980 Island Hwy in Nanaimo: Na Central Nanaimo Business for sale : MLS®# 1026776
Photo 2: 530 2980 Island Hwy in Nanaimo: Na Central Nanaimo Business for sale : MLS®# 1026776
Photo 3: 530 2980 Island Hwy in Nanaimo: Na Central Nanaimo Business for sale : MLS®# 1026776
Photo 4: 530 2980 Island Hwy in Nanaimo: Na Central Nanaimo Business for sale : MLS®# 1026776
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1026776
Premium Pizza Franchise with around 200 locations Canada wide, Location Nanaimo, Prime location in a famous strip mall, heavy footfall, no dearth of parking, NO DEMO CLAUSE, Gross yearly sales around 535K, Gross Monthly rent $3791 Plus GST, Current lease till 2031 with one 5 year option to renew, Subject premises 1142 sq ft, Business in operation since July 2023. Yearly Net profit ranges between 90K-105K plus this is the only Franchise location in Nanaimo. Endless scope to grow, Rare business opportunity. NDA required.
Property Type:
Commercial Sale
Type:
Business
Commercial Type:
Business
Lease Rate:
3791.0
Lease Type:
Assignment of Lease
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na Central Nanaimo, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
1,142 sq. ft.
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:
Zoning:
CC3
Units in Building:
Units in Community:
Occupancy:
Tenant
Parking Features:
On Site
Total Parking Spaces:
2
Business Name:
Red Swan Pizza
Business Type:
Retail
Business Established Year:
2023
Total Units:
Date Listed:
Feb 26, 2026
Original Price:
375000.0
  • Photo 1: 530 2980 Island Hwy in Nanaimo: Na Central Nanaimo Business for sale : MLS®# 1026776
    Photo 1 of 4
  • Photo 2: 530 2980 Island Hwy in Nanaimo: Na Central Nanaimo Business for sale : MLS®# 1026776
    Photo 2 of 4
  • Photo 3: 530 2980 Island Hwy in Nanaimo: Na Central Nanaimo Business for sale : MLS®# 1026776
    Photo 3 of 4
  • Photo 4: 530 2980 Island Hwy in Nanaimo: Na Central Nanaimo Business for sale : MLS®# 1026776
    Photo 4 of 4
Listed by Century 21 Coastal Realty Ltd
Data was last updated February 27, 2026 at 08:05 AM (UTC)
Area Statistics
Listings on market:
18
Avg list price:
$737,450
Min list price:
$46,900
Max list price:
$6,250,000
Avg days on market:
42
Min days on market:
1
Max days on market:
508
These statistics are generated based on the current listing's property type and located in Na Central Nanaimo. Average values are derived using median calculations. This data is not produced by the MLS® system.
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