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Days On Market: 352
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Commercial Sale

$2,200,000
A & B-4805 Mar St, Port Alberni, BC

Address

A & B-4805 Mar St, Port Alberni, BC

Price

$2,200,000

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 cap rates in excess of 8%. A rare opportunity to secure a worry-free, government-backed income stream in a growing Vancouver Island market.

Interested in this property?

Contact Scott Parker Personal Real Estate Corporation for more information

Property Details

MLS® Number: 998038
Property Type: Commercial Sale
Property Subtype: Office
Status: Active
Lot Size: 0.69 acres
Area: Port Alberni - PA Port Alberni
Annual Tax: $15,000 (2024)
Days on Market: 352 days

Additional Property Details

Building Type: Offices

Property Features & Amenities

Features: Central location, Corner Site, Other

Parking & Land Details

Parking Spaces: 20
Land Size: 0.69 ac
Acreage: false

Landscape & Property Information

Irregular Land Size: 0.69
Ownership Type: Freehold
Transaction Type: For sale

MLS® Number

998038

Property Location

A & B-4805 Mar St, Port Alberni, BC

Listed by Royal LePage-Comox Valley (CV)

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