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$ 2,995,000
Est. payment /mo
Active
405 5TH AVENUE Stewart, BC V0T1W0
34,986 SqFt
UPDATED:
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
Listed by HQ Commercial