A & B 4805 Mar St Port Alberni, British Columbia V9Y 8J5
$1,950,000
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:48643)
Property Details
MLS® Number | 998038 |
Property Type | Office |
Neigbourhood | Port Alberni |
Features | Central Location, Corner Site, Other |
Parking Space Total | 20 |
Plan | Vip72380 |
Building
Size Exterior | 14759 Sqft |
Type | Offices |
Land
Acreage | No |
Size Irregular | 0.69 |
Size Total | 0.69 Ac |
Size Total Text | 0.69 Ac |
Zoning Description | C-7 |
Zoning Type | Unknown |
https://www.realtor.ca/real-estate/28275886/a-b-4805-mar-st-port-alberni-port-alberni
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Thomas Hart
www.thehart.ca/
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#121 - 750 Comox Road
Courtenay, British Columbia V9N 3P6
(250) 334-3124
(800) 638-4226
(250) 334-1901