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 |
$1,999,000 |
| 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 |
| Tax Year |
2024 |
| Amenities |
Corner Lot |
