Port Alberni, BC V9Y 8J5,4805 Mar St #A & B
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$1,950,000
Est. payment /mo
0.69 Acres Lot
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Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID 998038

Rental Info Unrestricted

Annual Tax Amount $15,000

Tax Year 2024

Lot Size 0.690 Acres

Acres 0.69

Property Sub-Type Office

Property Description

Prime Government-Leased Investment Opportunity in Port Alberni

This 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.

Location

Province BC

County Port Alberni, City Of

Area Pa Port Alberni

Zoning C-7

Interior

Flooring Mixed

Exterior

Exterior Feature Low Maintenance Yard

Parking On Site 1

Total Parking Spaces 20

Building

Lot Description Central Location, Corner, Easy Access

Story 1

Sewer Sewer Connected

Water Municipal

Structure Type Block,Insulation: Ceiling,Insulation: Walls

Others

Tax ID 025-041-185

Ownership Freehold


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Listed by Royal LePage-Comox Valley (CV)
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