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.
Address
3203 Kingsway Ave
List Price
$1,599,000
Property Type
Commercial Sale
Type of Dwelling
Multi Family
Area
Port Alberni
Sub-Area
PA Port Alberni
Lot Size
6475 Sq. Ft.
Lot Size (Acres)
0.15 Ac.
MLS® Number
978057
Listing Brokerage
RE/MAX of Nanaimo - Dave Koszegi Group
Postal Code
V9Y 3B3
Tax Amount
$12,113.00
Tax Year
2024
Amenities
Corner Lot