Great value and revenue potential in this fully leased commercial building. The building offers one studio apartment, a one bedroom apartment, 2 leased retail spaces; total combined rent is $3800.00; all 4 spaces are on separate meters. The building is well taken care of with upgrades such as high end security system, heat pump, upgraded electrical, parking lot, wheelchair ramp and high visual exposure.
Property Type:
Commercial Sale
Type:
Mixed Use
Commercial Type:
Building
Year built:
1932
(Age: 93)
Lease Type:
Sale Price
Listing General Location:
PA Port Alberni, Port Alberni
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
4,250 sq. ft.395 m2
Taxes:
$1,342 /
2021
Building Features:
High Traffic Area, Parking, Security System, Transit Nearby
Construction:
Frame Wood, Insulation: Partial, Wood
Foundation:
Concrete Perimeter
Number of Storeys:
2
Floor finish:
Mixed
Total Building Area:
4,600 sq. ft.427 m2
Commercial Area:
Downtown
Subdivisable Area:
No
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
Air Conditioning
Heating:
Baseboard, Electric, Forced Air, Heat Pump, Oil
Fireplace:
No
Low Maintenance Yard
Main Level
0
Yes
No
Unrestricted
Assessed:
197100.0
Assessment year:
2025
Jurisdiction name:
City of Port Alberni
Legal Description:
Lot 25, Block 51, Plan VIP197B, District Lot 1, Alberni Land District
Data was last updated January 22, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
32
Avg list price:
$734,500
Min list price:
$89,000
Max list price:
$2,750,000
Avg days on market:
91
Min days on market:
14
Max days on market:
958
These statistics are generated based on the current listing's property type
and located in
PA Port Alberni. Average values are
derived using median calculations.