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3203 KINGSWAY PORT ALBERNI
Port Alberni neighbourhood of Port Alberni British Columbia Canada V9Y 3B3
$1,599,000
3203 KINGSWAY PORT ALBERNI
Price: $1,599,000
MLS Number: 978057
Square Footage: 6475 Sq Ft
Property Type: Single Family
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.
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Listing Brokerage: RE/MAX of Nanaimo - Dave Koszegi Group
3203 KINGSWAY PORT ALBERNI - 3203 KINGSWAY PORT ALBERNI
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3203 KINGSWAY PORT ALBERNI - 3203 KINGSWAY PORT ALBERNI
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