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3330/3344 Johnston Rd

$1,750,000

Port Alberni

Detached— · — · 6,000 sqftBuilt 1951$292/sqft381 days on market

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About this home

LAND ASSEMBLY! Two tandem lots, flat and deep, commanding direct highway access at the epicentre of Port Alberni's rapidly growing commercial hub and primary Gateway entrance. Currently, one lot contains two '50s quads and a ''caretaker house,'' while the other lot holds one single family dwelling. The inherent value is the land and its ULTRA high visibility, convenient position. This package is ideal for ''core use'' rezoning, permitting a mixed-use development as designated by the City's Planning Department (Buyer to conduct due diligence). Walmart and Canadian Tire centres are directly adjacent on the Alberni highway, and a new MICROTEL First Nations project is scheduled across the street in the Walmart parking area. With dual driveway access, this location eagerly awaits your creative mixed-use concept! Call for information. All measurements are approximate; please verify if important. Sold ''as is, where is.'' All units are currently tenanted. This substantial parcel sits at a major intersection, guaranteeing continuous, high-volume traffic exposure for any future retail or commercial component of your development. The City of Port Alberni's proactive planning initiatives favor vibrant, mixed-use projects in this strategic area, making this a generational acquisition with immense upside potential. The existing month-to-month tenancy provides immediate holding income while you finalize your development plans and navigate the rezoning process. Future development could include ground-floor retail/office space with residential units above, capitalizing on the high demand for housing and services in the burgeoning Alberni Valley. This represents a critical opportunity to secure a significant footprint in a market poised for exponential growth, driven by key municipal and private investment. Don't let this premier commercial land holding pass you by. Contact me immediately to discuss your vision for this cornerstone property. Sold ''as is'' CURRENTLY ZONED C6 & R1 (id:65179)

Property details

From the listing's public record.

Lot size

1.16 acres

Year built

1951

Taxes

$3,453/yr

Zoning

Residential/Commercial

Appliances

WasherRefrigeratorStoveDryer

Heating

Baseboard heatersElectric

Lot

AcreageCentral location

Style

CottageWestcoastContemporaryCabin

How this listing compares

Based on 261 sales in Port Alberni

Median sold

$545,000

Avg days on market

56 days

Avg sale-to-list

96.7%

Avg $/sqft

$297

Price per square foot

This home: $292/sqftArea average: $297/sqft

Below area average

Current market in Port Alberni

Active (same type)

112

Pending

32

All active listings

213

Months of supply

5.1

Balanced market5.1 months of supply at the current sales pace.

Assessment

From publicly available property records.

Homes in Port Alberni sell at 105.7% of assessed value on average.

Based on 350 recent sales.

Local price trend

How Port Alberni has moved over the last decade.

4376109Jul 2016Jun 2021May 2026

Local price index (normalized) · 119 months

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12 sales
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  • 3049 6th Ave

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More on this listing

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