A & B 4805 Mar St, PORT ALBERNI

2025-08-19
 

Quick Summary

Location
A & B 4805 Mar St, PORT ALBERNI, British Columbia V9Y8J5
Price
$1,950,000 CAD
Status:
For Sale
Property Type:
Office

MLS®#998038

Property Description

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 projected cap rates in excess of 7%. A rare opportunity to secure a worry-free, government-backed income stream in a growing Vancouver Island market. (id:32467)

Property Features

Building

  • Fireplace: No
  • Building Type: Offices

Features

  • Feature: Central location, Corner Site, Other

Land

  • Land Size: 0.69 ac

Ownership

  • Type: Freehold

Zoning

  • Description: C-7

Information entered by Royal LePage-Comox Valley (CV)
Listing information last updated on: 2025-08-19 20:54:13


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.

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BRAD VESTAD REALTOR®

Phone:
250-918-4744
Email:
bradvestad@gmail.com
Support Area:
Port Alberni, Sproat Lake, Alberni Valley, Qualicum, Parksville

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