For Sale

3203 Kingsway Avenue, Port Alberni, British Columbia V9Y3B3

$1,599,000

3203 Kingsway Avenue, Port Alberni, British Columbia V9Y3B3 is For Sale and has a listing price of 1,599,000. The property is located in the Port Alberni neighbourhood. It's been on the website for 92 Days.

  • Multi-family
    Property Type
  • Multi-family
    Building Type
  • MLS ID: 978057
  • Office Name RE/MAX of Nanaimo - Dave Koszegi Group
Property 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. (id:43137)

Property Details
  • MLS ID: 978057
  • Price: $1,599,000
  • Transaction Types: For Sale
  • Ref ID: 27518779
  • Year Built: N/A
  • Building Type: Multi-family
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
10/08/2024 978057 $1,599,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Port Alberni
  • $692,094 Average List Price
    based on 1 year
  • 31 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 100 % Below
  • Sold (12mo) 0
  • Rented (12mo) 0

  • 1 Month Change +14.1%
  • 3 Month Change +20.0%
  • 6 Month Change +19.4%
Walkscore
Property Type Distribution
  • All Houses
    76.1%
  • Commercial
    16.74%
  • Condo
    5.07%
  • Land for Sale
    2.09%
Additional Details
  • Property Features Corner Site
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 08/10/2024 00:00:00
  • Zoning Y
  • Agent Name: Bobby Toor
  • Last Updated: 25/11/2024 21:42:24
Open House Dates
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