Bed & Breakfasts for Sale — Port Alberni, BC
$1,750,000
5895 River Rd, Port Alberni, BC V9Y6Z5
Property details
Structured details
- Ownership
- Freehold
- Zoning
- C9
- Annual property tax
- $12,728
- Lot dimensions
- 2.12
- Parcel ID (PID)
- 000-177-784
- Cooling
- Air Conditioned
- Lot features
- Acreage, Central location, Wooded area, Other, Marine Oriented
Listing Information
- MLS®
- 1029185
- Listed
- March 17, 2026
- Time on market
- 181 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
Excellent opportunity to own the very well-established Cedar Wood Lodge located in Port Alberni on Vancouver Island. The Cedar Wood Lodge is an 8 suite Bed & Breakfast Inn strategically located on 2.12 acres of beautifully landscaped gardens which offer privacy and a sense of tranquility while only minutes to town. The property includes a smaller portion of land on the river front. Zoning is C-9 Commercial Guest House. The building itself offers 8 suites all of which have a theme of surrounding areas. Rooms have varied occupancy and are equipped with ensuites, jetted tubs and air conditioners. On the ground level is the spacious check-in area that leads to the amenities room which offers an inviting sitting area, pool table, as well as a spacious dining area for guests to enjoy their breakfast. Through private doors, a great amenity is the large conference room that is fantastic to host meetings or gatherings of any kind. Behind the scenes you will find the very well-equipped kitchen and owners suite which offers 4 bedrooms and 2 bathrooms. The property is further equipped with a double car garage, outside patio/gazebo area for guests to enjoy, relax and chat about their day’s adventures or what their next leg of their trip entails! Cedar Wood Lodge is a great location for travelers to have a rest while they are travelling. Located only 60 minutes from Nanaimo, 40 minutes to Parksville and 90 minutes to Tofino/Ucluelet with many outdoor activities to enjoy. This is an established and well-run business with a consistent income stream! Owners are retiring after many successful years! (id:63159)
Financing calculator
Estimate your monthly payment on the $1,750,000 asking price.
Financing details
- Monthly debt service
- $16,986
- Cash required at close
- $375,000
- 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
Grocery (1)
- Riverbend Cafe & General Store · 6109 River Road642m
Parks (2)
- Taylor Road Park260m
- River Road Park · 6038 River Road426m
Nearby places data: © OpenStreetMap contributors.
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Frequently asked questions
What is the asking price for this bed & breakfast?
The asking price is $1,750,000.
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.