405 5th Avenue

$2,995,000 |   MLS® Number  C8055260

Business for sale in Stewart, Hazelton & Hwy 37, 405 5th Avenue, 224960329 | Realtylink.org

Business for sale

Year Built
1976
Floor Area
34,986 sqft
Lot Size
19,200 sqft
Gross Property Tax
$22,993.67 /year
Building Type
Freestanding
Building / Complex Name
King Edward Hotel & Motel
Zoning
C-1
Major Business Type
Accommodation Travel & Tourism
Minor Business Type
Hotel/Motel
Business Name "doing business as"
King Edward Hotel & Motel
47

The King Edward Hotel features a 132-seat dining lounge and 70-seat café (food primary), 90-seat bar, 37-seat bar patio, and 58-seat pub. Also included are guest/public laundry services and ATM. Stewart, just 5 minutes from the Alaskan border, sits in the Golden Triangle one of the world’s richest mining regions. Ascot Gold is slated to be fully producing with Eskay Creek restarting nearby. The area is projected to double in population. A new Indigenous-led partnership is acquiring the Stewart Port Terminal. Two deep sea loading facilities Stewart World Port and Stewart Bulk Terminals add logistical strength. Tourism is also growing, with bear/glacier viewing in summer and sledding, heli-skiing in winter. The King Edward Hotel is well-positioned to benefit from a surge in industrial activity and year-round tourism. With multiple liquor-primary and food-primary licenses, diversified revenue streams, and long-standing local recognition, this is a strategic investment opportunity with strong future.