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.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
Prime Government-Leased Investment Opportunity in Port Alberni
This centrally located downtown building features two long-term government tenants, offering exceptional stability and income potential. The Government of Canada occupies approximately 4,377 square feet, while the Province of British Columbia leases 10,382 square feet—housing Service Canada and WorkBC offices.
With excellent street exposure, ample parking, and easy accessibility, this property is ideally positioned in the heart of Port Alberni’s commercial core. The current proforma demonstrates a strong return, with cap rates in excess of 8%. A rare opportunity to secure a worry-free, government-backed income stream in a growing Vancouver Island market.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
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)
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
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. The building itself offers 8 suites 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, very well-equipped kitchen, the owner's suite which offers 4 bedrooms and 2 baths, double car garage & outside patio/gazebo area. A well-run business with a consistent income stream! Information Package available.More details
For over 50 years, J&L Drive-In has been a cherished landmark in Port Alberni offering locals and visitors alike a nostalgic 1950’s drive-in experience. Known for its iconic burgers, crispy onion rings and thick milkshakes, this family-owned business has built a loyal customer base and earned accolades as one of the best burger spots on Vancouver Island. Now, this thriving business is available for purchase, presenting an exceptional opportunity to own a profitable and well-established restaurant boasting strong financial performance with consistent revenue growth and profitability. With high visibility on a major route, frequented by locals and tourists, and untapped growth opportunities, this is an exciting opportunity. Measurements are approximate and must be verified if important.More details
Listed by REMAX Professionals - Dave Koszegi Group
Excellent multi-unit investment opportunity featuring 7 residences on a generous .36-acre lot with stunning mountain views. This property includes five 2-bedroom units, one 1-bedroom unit, and a spacious 3-bedroom penthouse complete with two private decks—perfect for maximizing rental income and tenant appeal. Each unit is separately metered and offers its own glass-paneled balcony, allowing residents to enjoy the views in comfort, along with covered parking for added convenience. The property also features a wired shop with an overhead garage door, ideal for storage, maintenance, or additional income potential. Ideally located close to the Echo Centre, as well as nearby schools and shopping, this well-maintained apartment building offers strong income potential. All measurements approximate.More details
Listed by REMAX Professionals - Dave Koszegi Group
ATTENTION DEVELOPERS- This 3-bed, 2-bath home sits on a 2.29-acre parcel zoned residential and for future development. There is access through the driveway, potential access at the back of 11th Avenue, while offering City storm and sewer services, and Fortis running along the East side alley. The main floor boasts a spacious living room, open kitchen/dining area with a covered deck just steps away, the primary bedroom with a 3-piece ensuite, a second bedroom, a 5-piece main bathroom and laundry room. Downstairs, you will find a huge family room, rec-room, bedroom and storage space. Outside, you will find a detached wired shop, cherry trees, and the Ship Creek Trails, schools, parks, and shopping close by. The potential for re-zoning and subdivision is here or if you're looking for a peaceful, private location on a large parcel of land just for yourself, this property checks that box. Buyers to confirm any subdivision plans directly with the City of Port AlberniMore details
Exceptional custom-built executive home on over half an acre in one of the Alberni Valley’s most sought-after neighborhoods! Privately positioned at the end of the quiet subdivision and surrounded by trails, forest, and creeks, this rare property offers the perfect blend of nature, luxury, and space. A grand foyer with soaring ceilings and elegant chandeliers makes a striking first impression, enjoy the double sided fireplace and gleaming hardwood floors that lead through an open-concept layout filled with natural light. The chef’s kitchen features high-end appliances, a massive island, & seamless flow to the inviting living room and dining area. Upstairs, the primary suite is a true retreat, featuring a private balcony, spa-inspired ensuite with jacuzzi tub, and walk-in closet. The South facing, fully fenced backyard offers both tranquility and function, complete with an overheight detached shop, in addition to the attached garage. You must see this one to truly appreciate it!More details
Listed by Real Broker and Royal LePage Island Living (PA)