Excellent opportunity to acquire a fully tenanted commercial property in the heart of Port Alberni’s downtown at 4650 Margaret Street. Situated on a 17,424 sq.ft. lot, this property offers a total of 5,249 sq.ft. of versatile space divided into 3 separate units, providing stable rental income with a capitalization rate near to 6%. The property is occupied by great tenants, including an insurance and financial services business, a real estate brokerage, and a custom craftsman business. The building includes warehouse space with a bay door, office areas, and convenient outdoor parking. With C7 zoning, the property supports a wide range of commercial, industrial, and service-based uses, offering flexibility for both current income and future potential. The building is equipped with separate power phases to accommodate specialized operational needs. Located in a high-visibility area with easy access to main roads, downtown amenities, and local businesses, this property presents a strong long-term investment opportunity in Port Alberni’s growing commercial hub. Contact us today for more details or to arrange a viewing. (id:27476)
