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3109 W Island Hwy
PQ Qualicum Beach Qualicum Beach V9P 2H1

$2,999,000
Commercial Sale

Main Photo: 3109 W Island Hwy in Qualicum Beach: PQ Qualicum Beach Business for sale (Parksville/Qualicum)  : MLS®# 963809
Photo 1: 3109 W Island Hwy in Qualicum Beach: PQ Qualicum Beach Business for sale (Parksville/Qualicum)  : MLS®# 963809
Photo 2: 3109 W Island Hwy in Qualicum Beach: PQ Qualicum Beach Business for sale (Parksville/Qualicum)  : MLS®# 963809
Photo 3: 3109 W Island Hwy in Qualicum Beach: PQ Qualicum Beach Business for sale (Parksville/Qualicum)  : MLS®# 963809
Photo 4: 3109 W Island Hwy in Qualicum Beach: PQ Qualicum Beach Business for sale (Parksville/Qualicum)  : MLS®# 963809
Photo 5: 3109 W Island Hwy in Qualicum Beach: PQ Qualicum Beach Business for sale (Parksville/Qualicum)  : MLS®# 963809
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Photo 14: 3109 W Island Hwy in Qualicum Beach: PQ Qualicum Beach Business for sale (Parksville/Qualicum)  : MLS®# 963809
Photo 15: 3109 W Island Hwy in Qualicum Beach: PQ Qualicum Beach Business for sale (Parksville/Qualicum)  : MLS®# 963809
Photo 16: 3109 W Island Hwy in Qualicum Beach: PQ Qualicum Beach Business for sale (Parksville/Qualicum)  : MLS®# 963809
Photo 17: 3109 W Island Hwy in Qualicum Beach: PQ Qualicum Beach Business for sale (Parksville/Qualicum)  : MLS®# 963809
Photo 18: 3109 W Island Hwy in Qualicum Beach: PQ Qualicum Beach Business for sale (Parksville/Qualicum)  : MLS®# 963809
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Photo 20: 3109 W Island Hwy in Qualicum Beach: PQ Qualicum Beach Business for sale (Parksville/Qualicum)  : MLS®# 963809
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
963809
The Iconic "Shady Rest Pub and Restaurant". This Qualicum Beach landmark has been in operation since 1924, renowned for its relaxed air of hospitality and proximity to the ocean and sandy beach. The Pub (liquor primary) is licensed for 100 seats while the Restaurant is licensed to a capacity of 124 seats. Additional serving opportunities include a sea wall patio with a separate "take away" kitchen. Situated on approximately 400 feet of walk on water front "The Shady is approximately 10,000 square feet on .28 acres, ample parking and this incredible location make this historic property a unique and once in a lifetime opportunity. Financials available with signed NDA, please do not approach management or staff all inquiries to the LS.
Property Type:
Commercial Sale
Type:
Business
Commercial Type:
Building, Business, Land
Lease Type:
Sale Of Shares
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
PQ Qualicum Beach, Parksville/Qualicum
Bathrooms:
- (Full:-/Half:-)
Lot Size:
12,196.884 sq. ft.
Taxes:
Ceiling Heights:
Total Building Area:
10,500 sq. ft.
Commercial Area:
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
Town of Qualicum Beach
Legal Description:
Zoning:
R6
Units in Building:
Units in Community:
Parking Features:
On Site
Business Name:
Shady Rest Pub and Restaurant
Business Type:
Restaurant/Bar
Total Units:
Date Listed:
May 13, 2024
Original Price:
2999000.0
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Listed by Royal LePage Parksville-Qualicum Beach Realty (PK)
Data was last updated July 21, 2024 at 02:05 PM (UTC)
Area Statistics
Listings on market:
63
Avg list price:
$949,000
Min list price:
$70,000
Max list price:
$10,500,000
Avg days on market:
48
Min days on market:
2
Max days on market:
636
These statistics are generated based on the current listing's property type and located in Parksville/Qualicum. Average values are derived using median calculations.

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