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5350 Falls St
PA Port Alberni Port Alberni V9Y 9G3

$2,750,000
Commercial Sale

Main Photo: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
Photo 1: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
Photo 2: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
Photo 3: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
Photo 4: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
Photo 5: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
Photo 6: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
Photo 7: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
Photo 8: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
Photo 9: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
Photo 10: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
Photo 11: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1039995
Shovel-ready riverside development opportunity on 5.84 acres along the Somass River. Preliminary Layout Review (PLR) in hand from the City of Port Alberni for 31 bare-land strata lots - the heavy lifting is done. Zoned RM1 (Low Density Multi-Residential) so the options are wide open: build the planned 31-lot community, develop townhomes, duplexes or multi-family, hold it as one private estate acreage, or reconfigure into 8-10 larger waterfront lots from a half-acre & up sized to allow a home plus a shop. Flexibility to design for today's market & maximize returns. Thoughtfully planned community with a walking trail, river viewpoints & beach access in a natural setting. Minutes to Clutesi Haven Marina, with easy access to Sproat Lake & Tofino. Sale includes PLR plus full subdivision package: engineering reports, DFO approvals, Disclosure Statement & QS reports. Ideal for investors, builders, end-users, or developers. Buyer to confirm uses, lot configurations& density with the City.
Property Type:
Commercial Sale
Type:
Unimproved Land
Commercial Type:
Land
Lease Type:
See Remarks
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
PA Port Alberni, Port Alberni
Bathrooms:
- (Full:-/Half:-)
Lot Size:
5.84 acre(s)
Taxes:
Ceiling Heights:
Commercial Area:
Fireplace:
No
Pending Date:
Mountain(s), Valley, River
River Front
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Port Alberni
Legal Description:
Units in Building:
Units in Community:
Lot Site Features:
Acreage, Walk on Waterfront
Parking Features:
On Site
Total Units:
Date Listed:
Jun 11, 2026
Original Price:
2850000.0
  • Photo 1: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
    Photo 1 of 11
  • Photo 2: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
    Rendering for illustrative purposes only *bare land lot for sale
  • Photo 3: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
    Photo 3 of 11
  • Photo 4: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
    Rendering for illustrative purposes only *bare land lot for sale
  • Photo 5: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
    Photo 5 of 11
  • Photo 6: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
    Rendering for illustrative purposes only *bare land lot for sale
  • Photo 7: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
    Photo 7 of 11
  • Photo 8: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
    Photo 8 of 11
  • Photo 9: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
    Rendering for illustrative purposes only *bare land lot for sale with private strata beach & amenities
  • Photo 10: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
    Rendering for illustrative purposes only *bare land lot for sale
  • Photo 11: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
    Rendering for illustrative purposes only *bare land lot for sale
Listed by Real Broker
Data was last updated June 23, 2026 at 08:05 AM (UTC)
Area Statistics
Listings on market:
41
Avg list price:
$649,900
Min list price:
$59,900
Max list price:
$7,950,000
Avg days on market:
70
Min days on market:
12
Max days on market:
558
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. This data is not produced by the MLS® system.
JEFF MEYER
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.