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.
Address
A & B - 4805 Mar St
List Price
$1,950,000
Property Type
Commercial Sale
Type of Dwelling
Office
Transaction Type
Sale
Area
Port Alberni
Sub-Area
PA Port Alberni
Lot Size
29923 Sq. Ft.
Lot Size (Acres)
0.69 Ac.
MLS® Number
998038
Listing Brokerage
Royal LePage-Comox Valley (CV)
Postal Code
V9Y 8J5
Tax Amount
$15,000.00
Tax Year
2024
Features
Mixed
Amenities
Central Location, Corner Lot, Easy Access, Low Maintenance Yard
