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11-15/75
3203 Kingsway Ave in Port Alberni: PA Port Alberni Multi Family for sale : MLS®# 994060
3203 Kingsway Ave PA Port AlberniPort AlberniV9Y 3B3
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.More details
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.More details
INCOME PROPERTY centrally located 20,000 sq.ft building in the core of Port Alberni's shopping area. This large concrete block building is presently set up for a few tenants( commercial spaces & residential suites). Main floor is a retail space(currently the seller runs a business), income from the long term tenant downstairs, and rental suites on the 2nd floor. Six washrooms (8,000 sq.ft basement area/8,000 sq.ft. main level/4,000 sq.ft second floor).Don't miss this opportunity to own a great rental property!!More details
Investment property, or live in one unit and rent out the rest. This property is available as vacant if desired. It is currently operated by Port Alberni Housing Society as transitional housing. Central location and excellent return on investment. Can be sold with the duplex next door at 3628 5th Avenue. NET RETURN ON IVESTMENT AFTER EXPENSES OF 5.5%More details
Great value and revenue potential in this fully leased commercial building. The building offers one studio apartment, a one bedroom apartment, 2 leased retail spaces; total combined rent is $3800.00; all 4 spaces are on separate meters. The building is well taken care of with upgrades such as high end security system, heat pump, upgraded electrical, parking lot, wheelchair ramp and high visual exposure.More details