2692 Dunsmuir Ave - Storefront Retail/Residential FOR SALE


Cumberland, BC V0R 1S0
$6,499,000 CAD
778-402-8188
2692 Dunsmuir Ave, Cumberland, BC for Sale
$6,499,000 CAD
Storefront Retail/Residential - FOR SALE
1/4
null | Request Cap Rate

2692 Dunsmuir Ave
Cumberland, BC V0R 1S0


HIGHLIGHTS

  • A dominant food and beverage operator specializing in live music acts,
  • A private liquor store complete with LRS license.

OVERVIEW

Cushman & Wakefield ULC is pleased to offer for sale The Waverley Pub and Hotel and all its associated components. The Waverley Hotel & Pub at 2692 Dunsmuir Avenue in Cumberland, BC, presents a rare mixed-use investment opportunity combining historic charm with strong income potential. This well-known establishment is a dominant food and beverage venue on Vancouver Island, renowned for hosting live music acts that attract large audiences. The property includes a vibrant pub with a 280-person capacity for live events, a 120-seat dining area, and a 30-seat patio for seasonal use. Additional components include a private liquor store with an LRS license, two AirBNB rooms, two leased commercial retail units, and two residential apartments. The two-story pub building, originally constructed in 1894, has been thoughtfully updated, with the liquor store added in 2005 and further expansions, including apartments and CRUs, completed in 2015. This property offers a unique blend of hospitality, retail, and residential income streams, making it an exceptional acquisition for investors seeking a diversified and character-rich asset in a thriving community

FOR SALE DETAILS

PRICE

$6,499,000 CAD

PRICE/SF

$514 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Waverley Pub and Hotel

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Bar

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1894

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,196 SF

ZONING

CVMU-1

APN/PARCEL ID

029-537-177

ASK ABOUT THIS PROPERTY

Colleen AustinCushman & WakefieldMore Info
778-402-8188

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Colleen AustinCushman & WakefieldMore Info
778-402-8188

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