Commercial property for sale
4916 Athol St, Port Alberni
$7,800,000
Features
Year Built
2018
Floor Area
22,175 sqft
Lot Size
14,750 sqft
Gross Property Tax
$41,287 /year
Zoning
RM
Amenities
Balcony/Patio, Security System, Sprinkler System, Bike Storage, Elevator: Passenger, Fire Alarm, Fire Sprinklers, Parking, Security System, Storage Room
Description
Newer 25-unit ocean-view apartment building in Port Alberni featuring 9 bachelor suites, 10 one-bedroom units, and 6 two-bedroom homes. Every suite offers a private balcony, stainless steel appliances (including dishwasher), in-suite laundry, and dedicated storage. Tenants enjoy a common social lounge, elevator access, and designated parking. Ideally located close to shopping and the downtown core, the property benefits from long-term tenants and consistently low vacancy. A rare opportunity to acquire a modern apartment building for less than today’s construction costs—without the delays, red tape, or permitting challenges of new development.
MLS® Number 1023871