1
Stories
289
Days on Market
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.
Property Details
| Property Type | Commercial Sale |
| Property Sub Type | Office |
| Listing ID | 998038 |
| Status | Active |
| City | Port Alberni |
| Area | Port Alberni |
| Sub-Area | PA Port Alberni |
| Postal Code | V9Y 8J5 |
| Property Taxes | $15,000.00 (2024) |
| Parking Total | 20 |
| Zoning | C-7 |
| Water | Municipal |
| Sewer | Sewer Connected |
| Exterior Features | Low Maintenance Yard |
| Construction | Block,Insulation: Ceiling,Insulation: Walls |
| Listed Date | May 7, 2025 |
| Ownership | Freehold |
| Lot Size | 0.69 acres |
Building Details
| Stories | -1 |
| Exterior Size | 14759 sqft |
Additional Information
| Features | Central location, Corner Site, Other |
| Land Size | 0.69 ac |
| Building Type | Offices |
| Transaction | For sale |