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Renanza Realty
For sale

2984 3rd Ave

Port Alberni, British Columbia

MLS® 1047075

$1,100,000

Status
Active
Property type
Retail
MLS® number
1047075
Bedrooms
Bathrooms
Year built
1961

Listing description

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 space Basement: 8,000 sq.

ft. leased space Second floor: 4,000 sq. ft.

residential suites 6 washrooms in total Don't miss this exceptional investment opportunity in a high-visibility, high-traffic location!

Property summary

MLS® number
1047075
Property type
Retail
Building type
Retail
Title
Freehold
Land size
8125 square feet
Built in
1961
Annual property taxes
$19,374.88
Days on market
34 days

Features & details

Lot features
Level lot, Corner Site

What would this home cost you?

Based on the $1,100,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$5,118 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Pemberton Holmes Ltd., Victoria.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.