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The Waverley Pub and Hotel 2692 Dunsmuir Ave 12,645 SF Retail Building Cumberland, BC V0R 1S0 $4,730,949 USD ($374.14 USD/SF)
Investment Highlights
- A dominant food and beverage operator specializing in live music acts,
- A private liquor store complete with LRS license.
Executive Summary
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
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
12,645 SF
Building Class
B
Year Built/Renovated
1894/2015
Price
$4,730,949 USD
Price Per SF
$374.14 USD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.96
Lot Size
0.30 AC
Zoning
CVMU-1 - Village Commercial Mixed use
Frontage
122’ on Dunsmuir Avenue
Amenities
- Signage
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Very bikeable
80/100
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The Waverley Pub and Hotel | 2692 Dunsmuir Ave
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