Vancouver Island Homes for Sale

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2984 3rd Ave
PA Port Alberni Port Alberni V9Y 2A7

$1,100,000
Commercial Sale built: 1961

View of property
Photo 1: 2984 3rd Ave Port Alberni BC
Photo 2: 2984 3rd Ave Port Alberni BC
Photo 3: 2984 3rd Ave Port Alberni BC
Photo 4: 2984 3rd Ave Port Alberni BC
Photo 5: 2984 3rd Ave Port Alberni BC
Photo 6: 2984 3rd Ave Port Alberni BC
Photo 7: 2984 3rd Ave Port Alberni BC
Photo 8: 2984 3rd Ave Port Alberni BC
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1047075
Year Built:
1961
Rare opportunity to own a centrally located 20,000 sq.ft. income-generating building in the heart of Port Alberni's shopping district. This solid concrete block structure is currently configured for multiple tenants, including both commercial spaces and residential suites. The main level features a spacious retail area currently operated by the seller, while the basement is leased to a long-term commercial tenant. The second floor includes residential rental units, offering excellent income potential. Property Highlights: Total area: approx. 20,000 sq.ft. Main floor: 8,000 sq.ft. retail space Basement: 8,000 sq.ft. leased space Second floor: 4,000 sq.ft. residential suites 6 washrooms in total Don't miss this exceptional investment opportunity in a high-visibility, high-traffic location!
Property Type:
Commercial Sale
Type:
Retail
Commercial Type:
Building, Land
Year built:
1961 (Age: 65)
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
PA Port Alberni, Port Alberni
Bathrooms:
- (Full:-/Half:-)
Lot Size:
8,125 sq. ft.
Taxes:
Building Features:
Shopping Nearby, Transit Nearby, Visual Exposure
Ceiling Heights:
Total Building Area:
20,000 sq. ft.
Leasable Area:
20,000 sq. ft.
Commercial Area:
Sewer:
Sewer To Lot
Fireplace:
No
Pending Date:
Sign: Allowed, Storefront
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:
Zoning:
C7
Units in Building:
Units in Community:
Lot Site Features:
Corner Lot, Level
Total Parking Spaces:
0
Business Type:
Retail
Total Units:
Date Listed:
Aug 10, 2026
Original Price:
1100000.0
  • Photo 1: 2984 3rd Ave Port Alberni BC
    View of property
  • Photo 2: 2984 3rd Ave Port Alberni BC
    Garage featuring a workshop area
  • Photo 3: 2984 3rd Ave Port Alberni BC
    View of garage
  • Photo 4: 2984 3rd Ave Port Alberni BC
    Garage with a workshop area
  • Photo 5: 2984 3rd Ave Port Alberni BC
    Photo 5 of 8
  • Photo 6: 2984 3rd Ave Port Alberni BC
    Miscellaneous room with tile patterned floors and visible vents
  • Photo 7: 2984 3rd Ave Port Alberni BC
    Misc room with tile patterned floors and a workshop area
  • Photo 8: 2984 3rd Ave Port Alberni BC
    View of storage area
Listed by Pemberton Holmes Ltd.
Data was last updated August 17, 2026 at 12:05 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.
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.