97
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$1,599,000
Est. payment /mo
6,475 Sqft Lot
Price Dropped by $400K
3203 Kingsway Ave Port Alberni, BC V9Y3B3
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Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Port Alberni
MLS® Listing ID 978057
Originating Board Vancouver Island Real Estate Board
Lot Size 6,475 Sqft
Acres 6475.0
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. (id:24570)
Location
Province BC
Zoning Unknown
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Ownership Freehold
Listed by RE/MAX of Nanaimo - Dave Koszegi Group
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