405 5TH AVENUE, Stewart | $2,995,000

The King Edward Hotel features a 132-seat dining lounge, 70-seat caf?(C) (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.

Description

The King Edward Hotel features a 132-seat dining lounge, 70-seat caf?(C) (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.

General Info


MLS Listing ID: C8055260 Bedrooms: 0 Bathrooms: 0 Year Built: 1976
Parking: N/A Heating: N/A Lotsize: 0.44 ac Air Conditioning : N/A

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .