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$699,000

8325 FEETSQ

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Port Alberni BC, V9Y 1V4

MLS® # 1022039

Property Information:

This expansive commercial building presents a rare investment opportunity in the heart of Port Alberni's rapidly developing uptown district. The building has undergone significant renovations, with internal walls already demolished, Hazmat and abatement completed, and the lots surveyed and amalgamated. With developmental permits in place and building permit in principal approved by the city for four residential units upstairs and four work/live units downstairs, this property is primed for redevelopment. Additionally, the property includes space allocated for 8 parking stalls, providing convenience for both residents and businesses. Enjoy stunning Alberni Inlet and mountain views, while being just a short walk from Harbour Quay and popular local restaurants. Zoned C7, this property offers versatile options for both commercial and residential multi-family use, making it an ideal addition to any investment portfolio. All measurements are approximate, verify if important

Property Features:

  • Bedrooms: 0
  • Bathrooms: 0
  • Annual Tax Amount: $4,461
  • Basement: None
  • Built in: 1928
  • Construction Materials: Frame Wood, Stucco
  • Cooling: None
  • Floor Space (approx): 8325 Square Feet
  • Foundation Details: Concrete Perimeter
  • Heating: Other
  • Laundry Features: None
  • Lot Features: Central Location, Shopping Nearby, Sidewalk
  • Lot Frontage: 7405.2 Square Feet
  • Lot Size: 7405.20 Square Feet
  • Ownership: Freehold
  • Parking Features: None
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Sub Type: Condo Apartment
  • Road Surface Type: Paved
  • Roof: Fibreglass Shingle
  • View: City, Mountain(s)
  • Water Source: Municipal
  • Zoning: C7
  • Zoning Description: Commercial
  • Sewer:
  • No. of Parking Spaces: 0

Courtesy of: REMAX Professionals - Dave Koszegi Group

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.

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Location of 5036 Argyle St, Port Alberni, BC, V9Y 1V4

Demographic Information of 5036 Argyle St, Port Alberni, BC, V9Y 1V4

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$84,069.62

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.22 %

High school certificate or equivalent

31.77 %

Apprenticeship trade certificate/diploma

14.07 %

College/non-university certificate

18.76 %

University certificate (below bachelor)

0.25 %

University Degree

12.93 %

Commuter

Travel To Work

By Car

81.21 %

By Public Transit

1.7 %

By Walking

8.81 %

By Bicycle

0.0 %

By Other Methods

8.28 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

37.09 %

Houses

62.91 %

Own Vs. Rent