Bc Mls Map
A & B 4805 Mar St
PA Port Alberni
Port Alberni
V9Y 8J5
$1,950,000
Commercial Sale
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 998038
- Photos (15)
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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 Type:
- Commercial Sale
- Type:
- Office
- Commercial Type:
- Building, Land
- Lease Type:
- Sale of Assets
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- PA Port Alberni, Port Alberni
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 0.687 acre(s)0.28 hectare(s)
- Taxes:
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- Building Features:
- Parking
- Construction:
- Block, Insulation: Ceiling, Insulation: Walls
- Number of Storeys:
- 1
- Ceiling Heights:
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- Floor finish:
- Mixed
- Total Building Area:
- 14,759 sq. ft.1,371 m2
- Leasable Area:
- 14,759 sq. ft.1,371 m2
- Commercial Area:
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- Subdivisable Area:
- No
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Fireplace:
- No
- Pending Date:
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- Low Maintenance Yard
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Lot Site Features:
- Central Location, Corner Lot, Easy Access
- Parking Features:
- On Site
- Total Parking Spaces:
- 20
- Total Units:
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- Date Listed:
- May 07, 2025
- Original Price:
- 1950000.0
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Listed by Royal LePage-Comox Valley (CV)
Data was last updated April 1, 2026 at 08:05 PM (UTC)
Area Statistics
- Listings on market:
- 33
- Avg list price:
- $650,000
- Min list price:
- $24,999
- Max list price:
- $7,800,000
- Avg days on market:
- 77
- Min days on market:
- 8
- Max days on market:
- 475
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.
- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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.
