4405 Bute St
PA Port Alberni Port Alberni V9Y 3N3

$479,900
Commercial Sale

Main Photo: 4405 Bute St in Port Alberni: PA Port Alberni Mixed Use for sale : MLS®# 905324
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Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
905324
Commercial building with 2 apartments above. Located in Central Port Alberni on a large corner lot walking distance to shopping, stores and public transit. One bedroom apartment is rented to a long term tenant. Two bedroom apartment with upgrades and large sundeck is move in ready and can be rented. The 2 upstairs units could easily be converted to one larger 3 bedroom unit with 2 bathrooms for a larger family. Fantastic mountain views. There are 4 separate hydro meters in the building plus a crawl space basement storage area which could be separately rented. Large commercial space is currently vacant and ready for your business ideas. Basement area is ideal for storage. Commercial C1 zoning permits many business uses including office space, retail or restaurant use. Previously used as a furniture and grocery store. This is a great investment opportunity with monthly income from the apartments! Don't miss out on this one of a kind property!
Property Type:
Commercial Sale
Type:
Mixed Use
Commercial Type:
Building, Land
Lease Type:
Sale Price
Listing General Location:
PA Port Alberni, Port Alberni
Bathrooms:
- (Full:-/Half:-)
Lot Size:
3,509.024 sq. ft.
Taxes:
$1,082.09 / 2022
Building Features:
Basement
Construction:
Frame Wood, Stucco
Foundation:
Concrete Perimeter
Floor finish:
Mixed
Total Building Area:
2,520 sq. ft.
Commercial Area:
Other
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Baseboard, Electric
Fireplace:
No
Balcony/Deck
Main Level
0
Yes
No
Unrestricted
Financing Notes:
3.5% ON THE FIRST $100,000 & 1.5% ON THE BALANCE IF PHYSICAL INTRODUCTION OTHERWISE $1000.00
Assessed:
169300.0
Assessment year:
2022
Jurisdiction name:
City of Port Alberni
Legal Description:
Lot 10, Block 142, Plan VIP197B, District Lot 1, Alberni Land District, EASTERLY 29 ' OF SAID LT
Zoning:
C1
Occupancy:
Partially Occupied
Lot Site Features:
Central Location, Corner Lot, Marina Nearby, Recreation Nearby, Shopping Nearby, Sidewalk
Road Frontage Type:
Lane
Road Surface Type:
Paved
Business Type:
Accommodation, Automotive, Grocery, Health Services, Restaurant/Bar, Retail, Service
Total Units:
3
Date Listed:
Jun 03, 2022
Original Price:
529900.0
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Virtual Tour

Data was last updated December 9, 2022 at 12:05 AM (UTC)
Area Statistics
Listings on market:
25
Avg list price:
$795,000
Min list price:
$49,000
Max list price:
$2,899,990
Avg days on market:
98
Min days on market:
7
Max days on market:
581
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.
CATHY BRAIDEN
Glenn Matthiesen
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.