Stewart, BC V0T1W0,405 5TH AVENUE
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$ 2,995,000
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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, 70-seat café (food primary), 90-seat bar, 37-seat bar patio, and a 58-seat pub. Also included are guest/public laundry services and an ATM. Just five minutes from the Alaskan border, Stewart lies in BC's Golden Triangle, one of the world's most mineral-rich regions. Mining growth is accelerating with Ascot Gold nearing full production, the Red Chris expansion underway, and the Eskay Creek restart advancing nearby. The area is forecasted to double in population. A new Indigenous-led partnership is acquiring the Stewart Port Terminal, now Portland Canal Transportation LP. With two deep-sea loading facilities and growing tourism, glacier and bear viewing in summer, heli-skiing and sledding in winter, the hotel is well-positioned to benefit from industrial and visitor activity. Multiple liquor- and food-primary licenses, diversified revenue streams, and legacy local recognition make this a prime strategic investment. (id:24570)

Location

Province BC

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Private Pool No

Others

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Katharina Lenz

Katharina Lenz

+1(506) 269-3975

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405 5TH AVENUE