$ 1,999,000
3203 Kingsway Ave Port Alberni, BC V9Y 3B3
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$ 1,999,000
Est. payment /mo
Active
3203 Kingsway Ave Port Alberni, BC V9Y 3B3
6,534 Sqft Lot
UPDATED:
10/12/2024 02:15 AM
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 978057
Rental Info Unrestricted
Annual Tax Amount $12,113
Tax Year 2024
Lot Size 6,534 Sqft
Acres 0.15
Property Description
Kingsway Hotel & Pub is an iconic landmark located in the Harbour Quay District and steps from the Port Alberni working waterfront. Enjoyed by both residents and tourists this area includes Fisherman's Wharf, Tyee Landing, several specialty shops, eateries and is home to the Sunday Farmer's Market and the annual Salmon Festival. Extensive upgrades have been completed since 2017 and current revenue is from apartment rentals and storage. Pub and restaurant currently closed but could be re-opened with minimal cost. Liquor License is available. Potential to increase value by adding 3 units in attic, subject to permit, operate pub, off sales and restaurant on ground floor or convert to four live/work units, subject to permit. Allowable uses of C7 zoning are extensive.
Location
Province BC
County Port Alberni, City Of
Area Port Alberni
Zoning CMX2
Building
Lot Description Corner
Sewer Sewer Connected
Water Municipal
Others
Pets Allowed Yes
Tax ID 002-381-974
Ownership Freehold
Listed by RE/MAX of Nanaimo - Dave Koszegi Group