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4916 Athol St in Port Alberni: PA Port Alberni Mixed Use for sale : MLS®# 1023871
Newer 25-unit ocean-view apartment building in Port Alberni featuring 9 bachelor suites, 10 one-bedroom units, and 6 two-bedroom homes. Every suite offers a private balcony, stainless steel appliances (including dishwasher), in-suite laundry, and dedicated storage. Tenants enjoy a common social lounge, elevator access, and designated parking. Ideally located close to shopping and the downtown core, the property benefits from long-term tenants and consistently low vacancy. A rare opportunity to acquire a modern apartment building for less than today’s construction costs—without the delays, red tape, or permitting challenges of new development.More details
This rare commercial opportunity offers over 12,000 sq ft of functional space across 2 buildings, situated on a 7.51-acre lot with a significant undeveloped portion, ideal for future expansion, outdoor storage, or additional structures. Zoned M1 (Light Industry), the property is perfectly suited for a wide range of commercial, light manufacturing, or service-based uses. The main building at 10,192 sq ft features upper parking, a welcoming foyer, and a spacious lobby. Inside are 6 private offices, support rooms, storage, and restrooms. The lower level includes more office space, storage, restroom, a garage, and 6 over height vehicle bays, all accessible from a fenced lower parking area. The 1,995 sq ft secondary building includes 5 more vehicle bays, enhancing operational capacity. Centrally located this property is ideal for owner-operators or investors seeking a high-utility space with strong fundamentals and excellent accessibility. Measurements are approximate, verify if important.More details
Listed by REMAX Professionals - Dave Koszegi Group
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.More details
Huge potential for expansion or light renovations on this unique multi-use property featuring a storefront, six rental suites, and multiple outbuildings within a fully fenced compound. Create a welcoming retail frontage while generating steady revenue from storage rentals and upper-level apartments. Most of the compound is paved, offering easy access for large trucks if needed. With seven separately titled lots, this property provides excellent flexibility—sell off individual parcels, develop new structures, or unlock additional value on the vacant land.More details
PRIME LAND ASSEMBLY! Tandem lots — flat, deep, and positioned at Port Alberni’s most visible Gateway corridor. At the heart of the city’s commercial district, this offering combines highway frontage with unmatched exposure. The lots currently host two 1950s fourplexes, caretaker residence and a single-family home providing holding income. The opportunity lies in the land: ultra-high visibility, dual driveway access, and a strategic location the City has designated for mixed-use rezoning. Walmart & Canadian Tire anchor the immediate area, and a new Microtel First Nations hotel project is slated directly across the highway. Whether your concept is retail, hospitality, residential, or a blend of all three, this gateway site is ready to bring it to life. Buyers to do their own diligence re zoning/development. All measurements approximate; verify if important. All units tenanted. Sold as-is, where-is. Contact 250-327-3227 for details and information package. CURRENT ZONING: C6 & R1.More details