405 5th Avenue, Stewart, British Columbia V0T 1W0

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. (id:27476)

An exciting opportunity presents itself to acquire a 66-room Hotel & Motel in Stewart BC, offering full-service accommodations. The King Edward Hotel boasts a 132-seat dining lounge, a 70-seat cafe, a 90-seat bar, a 37-seat bar patio, and a 58-seat pub. Additionally, the property includes guest and public laundry services, as well as an ATM for added convenience.

Situated just 5 minutes from the Alaskan border, Stewart is strategically located in the Golden Triangle, renowned for its mining activities. With Ascot Gold set to commence production in October 2023, the area's population is expected to more than double. Furthermore, the presence of two deep-sea loading facilities, Stewart World Port and Stewart Bulk Terminals, serves as significant economic drivers for the region.

Moreover, tourism is on the rise in the area, offering attractions such as bear and glacier viewing in the summer, as well as sledding and heli-skiing in the winter, making it an appealing destination for visitors throughout the year.

This property, with a land size of 0.44 acres, is currently available for sale and is located at 405 5th Avenue in the city of Hazelton & Hwy 37, British Columbia. The postal code for this property is V0T1W0.