Vancouver Island Homes for Sale

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PA Port Alberni Port Alberni

$1,999,000
Commercial Sale

Main Photo: Port Alberni BC
Photo 1: Port Alberni BC
Photo 2: Port Alberni BC
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1046310
An exceptional opportunity to acquire one of Vancouver Island’s longest established and most successful independent restaurants. Operating for nearly 60 years, this turnkey business has built a loyal customer base and strong reputation. The sale includes the land, building, and business, offering immediate cash flow with no lease concerns. Extensive equipment upgrades have been completed, and an experienced team of 20–25 staff is in place for a smooth transition. Two self-contained 1-bedroom suites provide additional rental income potential. With over 95% of revenue from takeout and delivery, seating for approximately 50 guests, can also add liquor license to boost sales, and no third-party delivery currently offered, there is significant room for growth. An outstanding opportunity for an owner-operator or investor seeking a profitable business with real estate included.
Property Type:
Commercial Sale
Type:
Business
Commercial Type:
Building, Business, Land
Lease Type:
Sale Of Shares
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
PA Port Alberni, Port Alberni
Bathrooms:
- (Full:-/Half:-)
Lot Size:
8,500 sq. ft.
Taxes:
Building Features:
Parking, Public Restroom(s), Security System
Construction:
Block, Concrete, Stucco, Wood
Ceiling Heights:
Total Building Area:
5,133 sq. ft.
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
Air Conditioning
Fireplace:
No
Pending Date:
Electric, Equip/Machinery, Fixtures, Goodwill, Leasehold Improvements, Parking, Real Estate, Trade Name(s)
Inventory
Security System, Sign: Lighted
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Port Alberni
Legal Description:
Units in Building:
Units in Community:
Lot Site Features:
Easy Access
Parking Features:
On Site
Total Parking Spaces:
15
Business Type:
Restaurant/Bar
Total Units:
Date Listed:
Aug 07, 2026
Original Price:
1999000.0
  • Photo 1: Port Alberni BC
    Photo 1 of 2
  • Photo 2: Port Alberni BC
    Photo 2 of 2
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Listed by RE/MAX Mid-Island Realty
Data was last updated August 17, 2026 at 02:05 PM (UTC)
Area Statistics
Listings on market:
42
Avg list price:
$689,000
Min list price:
$59,900
Max list price:
$7,950,000
Avg days on market:
101
Min days on market:
2
Max days on market:
613
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.
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TICARA COERTZE
STEVE GILLESPIE
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.
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.