$1,950,000

Commercial For Sale In Port Alberni, British Columbia

$1,950,000

Property Information:

Prime Government-Leased Investment Opportunity in Port AlberniThis centrally located downtown building features two long-term government tenants, offering exceptional stability and income potential. The Government of Canada occupies approximately 4,377 square feet, while the Province of British Columbia leases 10,382 square feet—housing Service Canada and WorkBC offices.With excellent street exposure, ample parking, and easy accessibility, this property is ideally positioned in the heart of Port Alberni’s commercial core. The current proforma demonstrates a strong return, with projected cap rates in excess of 7%. A rare opportunity to secure a worry-free, government-backed income stream in a growing Vancouver Island market.

Property Features:

  • Annual Tax Amount: $15,000
  • Building Features: Parking
  • Construction Materials: Block, Insulation: Ceiling, Insulation: Walls
  • Exterior Features: Low Maintenance Yard
  • Floor Space (approx): 14759 Square Feet
  • Flooring: Mixed
  • Lot Features: Central Location, Corner Lot, Easy Access
  • Lot Frontage: 29923 Square Feet
  • Lot Size: 0.69 Acres
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Office
  • Water Source: Municipal
  • Zoning: C-7
  • Sewer:
  • No. of Parking Spaces: 20

Courtesy of: Royal LePage In The Comox Valley

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.