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 projected cap rates in excess of 7%. A rare opportunity to secure a worry-free, government-backed income stream in a growing Vancouver Island market.
Lot features Central Location, Corner Lot, Easy Access
Flooring Mixed
Parking Spaces 20
Exterior features Low Maintenance Yard
Parking Type On Site
Taxes$15,000
Rentals Allowed Unrestricted
Days on Market104