Landmark Pub in Campbell River
Freddies Pub has been a popular gathering place in Campbell River for decades. Situated across the street from the ocean with beautiful views of Discovery Passage, Freddies provides a full bar, restaurant, ocean-facing patio and an extensive menu as well as occasional evening entertainment. This offering consists of two adjoining properties which total 1.65 acres. The pub building is a 4500sqft 2.5 story structure. The ground floor includes the pub, kitchen, separate dining room, foyer, washrooms and storage. There is a covered and partially enclosed heated 12x38 patio with spectacular ocean views. Freddies is licensed for 101 total, and has 65 seats in the restaurant and 20 seats on the patio. On the second floor are four fully self-contained suites. Three of these are one bed one bath units with shared laundry facilities. One of these units has ocean views. All units have decks for personal enjoyment. The fourth unit is a more spacious one bedroom unit with an open floor plan, vaulted ceiling, in-suite laundry, fireplace, oceanside deck and a second story loft. This fourth suite has been completely renovated with new flooring, updated bathroom, new paint and new trim. On the third level of the pub building there is additional space primarily used for storage. The front portion of the adjoining property is used to accommodate additional parking for the pub and easier access to and from the island highway for patrons. The residence on this property is a 2448sqft two story main level entry home that is currently rented, at $1400 a month. There are stunning ocean views from this home, and a full-width ocean-facing patio on the second floor provides ample outdoor entertaining space. While the property is operational with this established pub and restaurant, there is also significant future development potential. Zoning on the lot with the house would permit multi-residential development, up to approx. 20 units, plus some commercial space.