405 5TH AVENUE Active

Stewart,BC V0T1W0

$ 2995000

- Bed

- Bath

34986 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 34,986 sqft

Price per Sqft $85

MLS Listing ID C8055260

Year Built 1976

Lot Size 0.440 Acres

Acres 0.44

Source BC Northern Real Estate Board

Property Description

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. (id:24570)

Location

Province BC

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Private Pool No

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