Industrial for Sale — Port Alberni, BC
$3,850,000
4820 Wallace St, Port Alberni, BC V9Y3Y2
Property details
Structured details
- Ownership
- Freehold
- Zoning
- M1
- Annual property tax
- $8,516.32
- Lot dimensions
- 7.51
- Parcel ID (PID)
- 031-117-252
- Lot features
- Acreage, Central location, Other
Listing Information
- MLS®
- 1042462
- Listed
- July 6, 2026
- Time on market
- 70 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
This rare commercial opportunity offers over 12,000 sq ft of functional space across 2 buildings, situated on a 7.51-acre lot with a significant undeveloped portion, ideal for future expansion, outdoor storage, or additional structures. Zoned M1 (Light Industry), the property is perfectly suited for a wide range of commercial, light manufacturing, or service-based uses. The main building at 10,192 sq ft features upper parking, a welcoming foyer, and a spacious lobby. Inside are 6 private offices, support rooms, storage, and restrooms. The lower level includes more office space, storage, restroom, a garage, and 6 over height vehicle bays, all accessible from a fenced lower parking area. The 1,995 sq ft secondary building includes 5 more vehicle bays, enhancing operational capacity. Centrally located this property is ideal for owner-operators or investors seeking a high-utility space with strong fundamentals and excellent accessibility. Measurements are approximate, verify if important. (id:63159)
Financing calculator
Estimate your monthly payment on the $3,850,000 asking price.
Financing details
- Monthly debt service
- $37,369
- Cash required at close
- $795,000
- 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 (3)
- Unnamed · 3981 10th Avenue643m
- Little Valley Restaurant & Catering Curry Nights · 4309 10th Avenue724m
- Clam Bucket Restaurant · 4479 Victoria Quay779m
Cafes (2)
- Kuu-us Café and Gifts · 4473 Gertrude Street770m
- Tim Hortons787m
Shopping (1)
- Alberni Colour Corner689m
Parks (3)
- Unnamed · 4720 Pemberton Road676m
- Russell Park · 4250 Wallace Street699m
- Angelique · 3821 8th Avenue704m
Pharmacies (1)
- Shoppers Simply Pharmacy · 3855 9th Avenue688m
Healthcare (1)
- Mental Health & Addiction Services · 4780 Roger Street406m
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 $3,850,000.
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.