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4963 Angus St
PA Port Alberni Port Alberni V9Y 7Z4

$2,888,800
Commercial Sale

Main Photo: 4963 Angus St in Port Alberni: PA Port Alberni Mixed Use for sale : MLS®# 960745
Photo 1: 4963 Angus St in Port Alberni: PA Port Alberni Mixed Use for sale : MLS®# 960745
Photo 2: 4963 Angus St in Port Alberni: PA Port Alberni Mixed Use for sale : MLS®# 960745
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Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
960745
Stunning ocean view multi- family/mixed use property. VTB of up to 70% of accepted offer price, 3 year term at 5% interest only, possible for a qualified Buyer, approved and provided at the sole discretion of the Seller. Seller open to options! Multi Family revenue property that is exceptionally well located near ocean and amenities. Calling all investors and aspiring investors: PRESENTING AN opportunity to own thisbGem in the core of downtown. The vacancy rate is minimal in this rental market. 21 units rented for $600+/- each makes for a hefty income not to mention there is a convention centre, restaurant, Bar, stripper bar, office space and lots of parking the potential on this building is endless. Some TLC from the right owner can turn this opportunity into a money-making-machine. Development Permit for additional stories of residence was approved. Seller is motivated and open to partnership, swap and financing options.Buyer to verify measurements if fundamental to the purchase.
Property Type:
Commercial Sale
Type:
Mixed Use
Commercial Type:
Building, Business, Land
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
PA Port Alberni, Port Alberni
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0.672 acre(s)
Taxes:
Construction:
Steel and Concrete, Stucco
Ceiling Heights:
Total Building Area:
8,332 sq. ft.
Commercial Area:
Fireplace:
No
Pending Date:
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:
Parking Features:
On Site
Business Type:
Accommodation, Restaurant/Bar, Retail, Service, Other
Total Units:
Date Listed:
Apr 17, 2024
Original Price:
2888800.0
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Listed by Sutton Group-West Coast Realty (Nan)
Data was last updated October 14, 2024 at 08:05 PM (UTC)
Area Statistics
Listings on market:
35
Avg list price:
$759,000
Min list price:
$95,000
Max list price:
$4,885,000
Avg days on market:
74
Min days on market:
3
Max days on market:
859
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.
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.