Retail for Sale — Port Alberni, BC
$1,100,000
2984 3rd Ave, Port Alberni, BC V9Y2A7
Property details
Structured details
- Ownership
- Freehold
- Zoning
- C7
- Annual property tax
- $19,374.88
- Lot dimensions
- 8125
- Structure type
- Retail
- Parcel ID (PID)
- 004-167-180
- Lot features
- Level lot, Corner Site
Listing Information
- MLS®
- 1047075
- Listed
- August 17, 2026
- Time on market
- 28 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
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! (id:63159)
Financing calculator
Estimate your monthly payment on the $1,100,000 asking price.
Financing details
- Monthly debt service
- $10,677
- Cash required at close
- $245,000
- DSCR
- —
- Cash-on-cash return (yr 1)
- —
Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.
Location
Local market size (Port Alberni)
- Population
- 18,259(+3.3% since 2016)
- Population density
- 928.7/km²
- Median household income
- $62,800
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 11.3%
- Postsecondary below bachelor's
- 34.6%
- High school diploma
- 31.9%
- No certificate/diploma
- 22.3%
Population aged 15 and over.
Commute
- Car, truck or van
- 89.0%
- Public transit
- 2.1%
- Walked
- 5.7%
- Bicycle
- 0.9%
- Other
- 2.3%
Commute duration
- Under 15 min
- 68.5%
- 15–29 min
- 15.2%
- 30–44 min
- 5.6%
- 45–59 min
- 3.1%
- 60+ min
- 7.7%
Employed labour force with a usual workplace.
Mother Tongue
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (5+)
- Little Bavaria Restaurant · 3035 4th Avenue183m
- Brie & Barrel · 5059 Argyle Street250m
- Unnamed265m
- porto taco · 5304 Argyle Street393m
- Spice Hut Indian cuisine · 5328 Argyle Street401m
Cafes (5+)
- SteamPunk Café & Coffee House110m
- Wildflower Bakeshop and Cafe · 5047 Argyle Street247m
- Ironworks Cafe & Creperie335m
- Unnamed644m
- The Donut Shop658m
Grocery (2)
- Wesco Foods · 2960 3rd Avenue31m
- Quality Foods · 2943 10th Avenue747m
Shopping (1)
- Flooring Depot · 2936 3rd Avenue46m
Parks (5+)
- Central Park86m
- Weaver Park369m
- Gyro Park637m
- Harbour Quay Park638m
- Unnamed638m
Gyms (2)
- Pure Fitness · 4926 Argyle Street191m
- Alberni Vally Crossfit207m
Pharmacies (2)
- Argyle Pharmacy · 3054 3rd Avenue156m
- Quality Care302m
Banks & ATMs (5+)
- Unnamed9m
- RBC · 2925 3rd Avenue23m
- TD · 3008 3rd Avenue89m
- Coastal Community Credit Union · 3009 4th Avenue164m
- Unnamed567m
Healthcare (2)
- CBI Health · 2996 2nd Avenue153m
- Meyer Freddie Dr Inc · 3062 2nd Avenue201m
Nearby places data: © OpenStreetMap contributors.
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All in Port Alberni →Frequently asked questions
What is the asking price for this business?
The asking price is $1,100,000.
Where is this business located?
This listing is located in Port Alberni, British Columbia.
How current is this listing?
This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 14, 2026.