The vendor has conduct of sale pursuant to an Order of the Supreme Court of British Columbia.
The property is sold "as is where is" without representation or warranty, and the sale and all terms are subject to court approval. Offers must include a Schedule A outlining these terms.
Detailed property information and development analysis materials are available upon execution of a Confidentiality Agreement. Contact the listing agents for further details.More details
Newer 25-unit ocean-view apartment building in Port Alberni featuring 9 bachelor suites, 10 one-bedroom units, and 6 two-bedroom homes. Every suite offers a private balcony, stainless steel appliances (including dishwasher), in-suite laundry, and dedicated storage. Tenants enjoy a common social lounge, elevator access, and designated parking. Ideally located close to shopping and the downtown core, the property benefits from long-term tenants and consistently low vacancy. A rare opportunity to acquire a modern apartment building for less than today’s construction costs—without the delays, red tape, or permitting challenges of new development.More details
Well-maintained 42-unit, 3-storey apartment building on a 63,597 sq. ft. lot in Port Alberni. Strong investment opportunity with significant upside potential as current rents are below market and vacancy remains extremely low at 1.5% (CMHC Oct. 2024). Major upgrades completed in 2018–2019 include exterior envelope improvements with HardiBoard siding, double thermal pane windows, vinyl-covered balconies, and new hot water boilers. Features include elevator service, electric baseboard heating with individually metered suites, 3-phase 1,600-amp electrical service, fire alarm system, on-site Coinamatic laundry, private balconies/patios, full municipal services, and SBS flat roof updates in 2025. Bonus bachelor suite (#100) rented at $825/month not included in stated income, offering additional revenue potential.Building area from BC Assessment.More details
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.More details
Listed by REMAX Professionals - Dave Koszegi Group
Shovel-ready riverside development opportunity on 5.84 acres along the Somass River. Preliminary Layout Review (PLR) in hand from the City of Port Alberni for 31 bare-land strata lots - the heavy lifting is done. Zoned RM1 (Low Density Multi-Residential) so the options are wide open: build the planned 31-lot community, develop townhomes, duplexes or multi-family, hold it as one private estate acreage, or reconfigure into 8-10 larger waterfront lots from a half-acre & up sized to allow a home plus a shop. Flexibility to design for today's market & maximize returns. Thoughtfully planned community with a walking trail, river viewpoints & beach access in a natural setting. Minutes to Clutesi Haven Marina, with easy access to Sproat Lake & Tofino. Sale includes PLR plus full subdivision package: engineering reports, DFO approvals, Disclosure Statement & QS reports. Ideal for investors, builders, end-users, or developers. Buyer to confirm uses, lot configurations& density with the City.More details
Rare opportunity to acquire a 10-acre property offering exceptional development potential. Featuring a spacious 6-bed, 3.5-bath residence, and almost 5000 sq ft barn, this property provides immediate rental income or comfortable occupancy while development plans are pursued. The level, usable acreage presents an excellent opportunity for subdivision (subject to municipal approvals), making it an attractive investment for developers, builders, and land investors seeking future growth potential. With ample road frontage and abundant space for planning, the property offers flexibility for a range of development concepts. Whether you're looking to capitalize on the property's subdivision potential, hold as a long-term investment, or develop while maintaining an existing residence, this is a rare chance to secure a substantial parcel in a desirable location. Opportunities of this size are difficult to find Explore the possibilities and unlock the full value of this exceptional property.More details
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.More details
Huge potential for expansion or light renovations on this unique multi-use property featuring a storefront, six rental suites, and multiple outbuildings within a fully fenced compound. Create a welcoming retail frontage while generating steady revenue from storage rentals and upper-level apartments. Most of the compound is paved, offering easy access for large trucks if needed. With seven separately titled lots, this property provides excellent flexibility—sell off individual parcels, develop new structures, or unlock additional value on the vacant land.More details
Custom executive-quality home by Chretien Construction, completed in 2021 on sought-after Chase Dr. Built with exceptional attention to detail, this home features a fiberglass algae-resistant roof, Trane heat pump, 2-stage natural gas furnace, and Navien hot water on demand with closed loop. Inside, enjoy engineered hardwood and tile flooring, stone countertops, triple ovens, a gas fireplace with statement mantle, coffered ceilings, and built-in surround sound. Smart tech includes Lutron lighting, Rachio irrigation, 8-camera security, and 200A electrical with 100A sub panel. Bonus features: triple garage with passthrough, RV sani/electrical hookups, and roughed-in suite with separate entry, laundry, and kitchen. Set on a beautifully landscaped 1-acre parcel with rock retaining wall, covered patio, and hot tub, all located on a quiet dead-end street near amenities. A rare opportunity—book your private showing today.More details
Zoned and DP Approved 71 Unit Development Opportunity in Port Alberni's Core. A Building Permit has been submitted, making this site effectively shovel-ready for prospective purchasers. Approved DP is for a five (5) storey mixed-use development, consisting of 68 residential units with a 3-unit retail podium. It is located just a few blocks from the waterfront. The vendor will consider partnerships for the construction of the building.More details
Listed by Colliers and Colliers International (Nan)
Discover the beauty of lakeside living on this exceptional 1-acre waterfront property on sought-after Sproat Lake, featuring approximately 100 feet of water frontage and a gentle, inviting slope to the lake. Enjoy breathtaking sunsets and endless days of paddle boarding, kayaking, boating, and cool dips on hot summer days, right outside your door. Whether you envision restoring the existing cabin or creating your dream waterfront home, this property offers a rare opportunity to make your vision a reality. Bring your ideas and embrace the lifestyle—the lake awaits! Measurements approximate, must be verified if important.More details
Listed by REMAX Professionals - Dave Koszegi Group
PRIME LAND ASSEMBLY! Tandem lots — flat, deep, and positioned at Port Alberni’s most visible Gateway corridor. At the heart of the city’s commercial district, this offering combines highway frontage with unmatched exposure. The lots currently host two 1950s fourplexes, caretaker residence and a single-family home providing holding income. The opportunity lies in the land: ultra-high visibility, dual driveway access, and a strategic location the City has designated for mixed-use rezoning. Walmart & Canadian Tire anchor the immediate area, and a new Microtel First Nations hotel project is slated directly across the highway. Whether your concept is retail, hospitality, residential, or a blend of all three, this gateway site is ready to bring it to life. Buyers to do their own diligence re zoning/development. All measurements approximate; verify if important. All units tenanted. Sold as-is, where-is. Contact 250-327-3227 for details and information package. CURRENT ZONING: C6 & R1.More details