+10 more
$2,200,000
0.69 ac
Lot
20
Parking
About This Property
This office in Port Alberni offers a 0.69 ac lot. The property has lot dimensions of 0.69, zoned Unknown. Highlights include a 20-car garage.
MLS Remarks
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. (id:60351)
Overview
Property Typecommercial
Sub-Typeoffice
OwnershipFreehold
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