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3203 Kingsway Ave Port Alberni, British Columbia V9Y 3B3

$1,599,000

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. (id:59709)

Business

Name KINGSWAY HOTEL & PUB

Property Details

MLS® Number 978057
Property Type Multi-family
Neigbourhood Port Alberni
Features Corner Site
Plan Vip197d

Building

SizeExterior 6475 Sqft
Type Multi-family

Land

Acreage No
SizeIrregular 6475
SizeTotal 6475 Sqft
SizeTotalText 6475 Sqft
ZoningDescription Cmx2
ZoningType Unknown

https://www.realtor.ca/real-estate/27518779/3203-kingsway-ave-port-alberni-port-alberni

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Bobby Toor


RE/MAX Of Nanaimo - Dave Koszegi Group
#1 - 5140 Metral Drive
Nanaimo, British Columbia V9T 2K8

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