Multi-family for sale

3203 Kingsway Ave, Port Alberni

$1,999,000 or
Contact the REALTOR®
Multi-family for sale in Port Alberni, Port Alberni, 3203 Kingsway Ave, 978057 | Realtylink.org
Multi-family for sale in Port Alberni, Port Alberni, 3203 Kingsway Ave, 978057 | Realtylink.org Multi-family for sale in Port Alberni, Port Alberni, 3203 Kingsway Ave, 978057 | Realtylink.org Multi-family for sale in Port Alberni, Port Alberni, 3203 Kingsway Ave, 978057 | Realtylink.org Multi-family for sale in Port Alberni, Port Alberni, 3203 Kingsway Ave, 978057 | Realtylink.org
$1,999,000 or

Multi-family for sale

3203 Kingsway Ave, Port Alberni

Features

Lifestyle
978057 1999000 /en/multi-family~for-sale~port-alberni/978057?view=Summary /en/multi-family~for-sale~port-alberni/978057/photos 49.2362100000 -124.8100500000 true
Floor Area
6,475 sqft
Lot Size
6,475 sqft
Gross Property Tax
$12,113 /year
Zoning
CMX2
Amenities
Visual Exposure
Additional Features
Corner
Total no. of Units
15
71

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.
MLS® Number 978057

Listing REALTOR®

Bobby Toor, REALTOR<sup>®</sup>

Bobby Toor

REALTOR®
250-228-8667

RE/MAX of Nanaimo - Dave Koszegi Group

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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