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.
Data was last updated August 20, 2025 at 06:05 PM (UTC)
Area Statistics
Listings on market:
40
Avg list price:
$644,500
Min list price:
$130,000
Max list price:
$3,995,000
Avg days on market:
121
Min days on market:
1
Max days on market:
366
These statistics are generated based on the current listing's property type
and located in
PA Port Alberni. Average values are
derived using median calculations. This data is not produced by the MLS® system.