Business for sale

405 5th Avenue, Stewart

$3,500,000 or
Contact the REALTOR®
Business for sale in Stewart, Hazelton & Hwy 37, 405 5th Avenue, 224960329 | Realtylink.org
$3,500,000 or

Business for sale

405 5th Avenue, Stewart

Features

Lifestyle
224960329 3500000 /en/business~for-sale~stewart/224960329?view=Summary /en/business~for-sale~stewart/224960329/photos 55.9362500000 -129.9929300000 true
Floor Area
34,986 sqft
Lot Size
19,200 sqft
Gross Property Tax
$22,993.67 /year
Building Type
Freestanding
Zoning
C-1
Major Business Type
Accommodation Travel & Tourism
Minor Business Type
Hotel/Motel
Business Name "doing business as"
King Edward Hotel & Motel
47

Description

Opportunity to acquire a Full Service 66 room Hotel & Motel in Stewart BC. The King Edward Hotel features a 132 seat dining lounge and 70 seat cafe (food primary), 90 seat bar, 37 seat bar patio, a 58 seat pub. Also included is guest/public laundry services and ATM. Stewart, just 5 minutes from the Alaskan border, is located in the Golden Triangle known for mining with Ascot Gold slated to be producing in October 2023 which is reported to more than double the area population. There are 2 deep sea loading facilities - Stewart World Port and Stewart Bulk Terminals are also economic drivers. Tourism is also growing in the area featuring bear/glacier viewing in summer and sledding, heli-skiing in winter.
MLS® Number C8055260

Listing REALTOR®

Dean Thomas, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Dean Thomas

REALTOR®, Personal Real Estate Corporation
604-899-1122

HQ Commercial

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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