Office for sale
A & B 4805 Mar St, Port Alberni
$1,950,000
Features
Floor Area
14,759 sqft
Lot Size
29,923 sqft
Gross Property Tax
$15,000 /year
Zoning
C-7
Amenities
Low Maintenance Yard, Parking
Additional Features
Central Location, Corner, Easy Access
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.
MLS® Number 998038