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3330 & 3344 Johnston Rd in : PA Port Alberni Multi Family for sale (Port Alberni) : MLS®# 874433

3330 & 3344 Johnston Rd V9Y 8R6 : PA Port Alberni

Main Photo: 3330 & 3344 Johnston Rd in : PA Port Alberni Multi Family for sale (Port Alberni)  : MLS®# 874433
$1,050,000
Prop. Type:
Commercial Sale
MLS® Num:
874433
Status:
Active
Fantastic investment or development opportunity! Don’t miss it!! Two huge lots with highway access in the centre of Port Alberni‘s rapidly growing and busy commercial core. Currently housing two 1950s single bedroom quadruplexes and two single-family residences with large monthly revenue streams via long established tenants. This property is prime for development with C6 and A1 zoning which allows for multi family or commercial. With Walmart and Canadian Tire malls directly adjacent on the Alberni highway and municipal sewer at the lot line, with dual driveway access, these tandem properties will go fast! All measurements are approximate and should be verified if important.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Lease Type:
Sale Price
Listing General Location:
PA Port Alberni, Port Alberni
Bathrooms:
- (Full:-/Half:-)
Lot Size:
Switch units of measure1.16 acre(s)
Taxes:
$2,791 / 2020
Building Features:
Laundry Room, Parking, Shopping Centre, Shopping Nearby, Transit Nearby
Construction:
Aluminum Siding, Stucco
Foundation:
Concrete Perimeter
Electricity:
Yes
Floor finish:
Carpet, Laminate, Mixed
Total Building Area:
Switch units of measure4,080 sq. ft.
Commercial Area:
Core (excl Downtown)
Water supply:
Regional/Improvement District
Sewer:
Septic System, Septic System: Common, Sewer Available
Heating:
Baseboard
Fireplace:
No
Fencing: Partial, Garden, Sign: Allowed
City, Mountain(s)
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Co-operating Commission 3.5 100M/1.5 bal if physical introduction. Otherwise 1.75 100M/.75 bal
Assessed:
617000.0
Assessment year:
2020
Gross Income:
80629.0
Net Operating Income:
36448.84
Jurisdiction name:
Alberni Rural (770)
Legal Description:
LOT 4, DISTRICT LOT 152, ALBERNI DISTRICT, PLAN 7451 EXCEPT THAT PART IN PLAN VIP52724 AND LOT 5, DISTRICT LOT 152, ALBERNI DISTRICT, PLAN 7451
Zoning:
C6
Occupancy:
Tenant
Utilities:
Cable Connected, Electricity Connected, Garbage, Phone Connected, Recycling
Lot Site Features:
Acreage, Central Location, Family-Oriented Neighbourhood, Recreation Nearby, Serviced, Shopping Nearby
Parking Features:
On Site
Business Name:
Vaasa Apartments
Business Type:
Accommodation
Total Units:
10
Date Listed:
Apr 28, 2021
Original Price:
1050000.0
Data was last updated May 16, 2021 at 06:05 PM (UTC)
RICK HORSLAND
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.