3203 Kingsway Ave

Multi-family For Sale in Port Alberni, British Columbia

$1,399,000
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:4069)
Address
3203 Kingsway Ave
List Price
$1,399,000
Property Type
Multi-family
Type of Dwelling
Multi-Family
Area
British Columbia
Sub-Area
Port Alberni
Lot Size
6475 Sq. Ft.
MLS® Number
994060
Listing Brokerage
RE/MAX of Nanaimo - Dave Koszegi Group
Postal Code
V9Y3B3
Zoning
CMX2
Features
Corner Site

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Chris Crump PREC

460 Realty

Office: 250 619 0390

chris@crump.ca