$1,100,000

Commercial For Sale In Port Alberni, British Columbia

$1,100,000

Property Information:

Rare opportunity to own a centrally located 20,000 sq.ft. income-generating building in the heart of Port Alberni's shopping district. This solid concrete block structure is currently configured for multiple tenants, including both commercial spaces and residential suites.The main level features a spacious retail area currently operated by the seller, while the basement is leased to a long-term commercial tenant. The second floor includes residential rental units, offering excellent income potential.Property Highlights:Total area: approx. 20,000 sq.ft.Main floor: 8,000 sq.ft. retail spaceBasement: 8,000 sq.ft. leased spaceSecond floor: 4,000 sq.ft. residential suites6 washrooms in totalDon't miss this exceptional investment opportunity in a high-visibility, high-traffic location!

Property Features:

  • Annual Tax Amount: $5,521
  • Building Features: Shopping Nearby, Transit Nearby, Visual Exposure
  • Built in: 1961
  • Exterior Features: Sign: Allowed, Storefront
  • Floor Space (approx): 20000 Square Feet
  • Lot Features: Corner Lot, Level
  • Lot Frontage: 8125 Square Feet
  • Lot Size: 8125.00 Square Feet
  • Ownership: Freehold
  • Property Sub Type: Retail
  • Zoning: C7
  • Sewer: Sewer To Lot
  • No. of Parking Spaces: 0

Courtesy of: Pemberton Holmes Ltd.

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.