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405 5TH Avenue
Hazelton & Hwy 37 Stewart V0T 1W0

$3,500,000
Business with Property

Main Photo: 405 5TH Avenue: Stewart Business with Property for sale (Hazelton & Hwy 37)  : MLS®# C8055260
Status:
Active
Prop. Type:
Business with Property
MLS® Num:
C8055260
Bus Major:
Accommodation Travel & Tourism
Bus Minor:
Hotel/Motel
Build. Type:
Freestanding
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, a 58 seat pub. Also included is guest/public laundry services and ATM. 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.
Sale Type:
Asset
Business Name:
KING EDWARD HOTEL & MOTEL
Major Bus Type:
Accommodation Travel & Tourism
Minor Bus Type:
Hotel/Motel
Construction:
Wood Frame, Other
Building Type:
Freestanding
Total Floor Area:
34,986 sq. ft.
Lot Area:
19,200 sq. ft.
Land Use/Zoning:
C-1
Permitted Use:
Retail
Taxes:
$22,993.67 / 2022
Water Supply:
Municipal
HVAC:
Electric
Roof:
Asphalt Shingles
Sewer Septic:
Municipal/Community
Env Assmt Phase:
No
Original Price:
$3,500,000
  • Photo 1: 405 5TH Avenue: Stewart Business with Property for sale (Hazelton & Hwy 37)  : MLS®# C8055260
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Listed by HQ Commercial
Data was last updated December 23, 2024 at 07:10 PM (UTC)
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