405 5 Ave - Hospitality FOR SALE


Stewart, BC V0T 1W0
$3,500,000 CAD
604-726-7137
405 5 Ave, Stewart, BC for Sale
$3,500,000 CAD
Hospitality - FOR SALE
1/15
null | Request Cap Rate

405 5 Ave
Stewart, BC V0T 1W0


OVERVIEW

Opportunity to acquire a Full Service 66 room Hotel & Motel in Stewart BC. The King Edward Hotel features a 132 seat dining lounge and 70 seat cafe (food primary), 90 seat bar, 37 seat bar patio (liquor primary w/ off-sales endorsement), a 58 seat pub (liquor primary w/ off-sales endorsement) and liquor store. Also included is guest/public laundry services and ATM. The property is located Stewart, just 5 minutes from the Alaskan border, is located in the Golden Triangle known for mining with Ascot Gold slated to be producing in October 2023 which is reported to more than double the area population. There are 2 deep sea loading facilities - Stewart World Port and Stewart Bulk Terminals are also economic drivers. Tourism is also growing in the area featuring bear/glacier viewing in summer and sledding, heli-skiing in winter.

FOR SALE DETAILS

PRICE

$3,500,000 CAD

PRICE/SF

$127 CAD /SF

# OF ROOMS

66

PRICE/ROOM

$53,030 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

King Edward Hotel & Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1971

PARKING SPACES

37

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,201 SF

ZONING

TC

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Dean Thomas CCIMHQ CommercialMore Info
604-726-7137

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Dean Thomas CCIMHQ CommercialMore Info
604-726-7137

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.