3203 Kingsway Ave - MLS® # 994060

Property Details

List Price:
$1,399,000
Living Area:
0 sqft.
Bedrooms:
N/A
Bathrooms:
N/A
Lot Size Area:
6475 sq.ft.
Taxes:
12113.0
Type:
Multi Family
Style:
N/A
Basement:
Year Built:
N/A

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.

Listing Provided By

RE/MAX of Nanaimo - Dave Koszegi Group

Neighborhood Info

Send us your questions about this property and we'll get back to you right away.

Send this to a friend, or email this to yourself

  • Mid-Island Realty
  • 4201 Johnson Road
  • Port Alberni, BC
  • V9Y 5M3