4650 Margaret St

About this home

Excellent opportunity to acquire a fully tenanted commercial property in the heart of Port Alberni’s downtown at 4650 Margaret Street. Situated on a 17,424 sq.ft. lot, this property offers a total of 5,249 sq.ft. of versatile space divided into 3 separate units, providing stable rental income with a capitalization rate near to 6%. The property is occupied by great tenants, including an insurance and financial services business, a real estate brokerage, and a custom craftsman business. The building includes warehouse space with a bay door, office areas, and convenient outdoor parking. With C7 zoning, the property supports a wide range of commercial, industrial, and service-based uses, offering flexibility for both current income and future potential. The building is equipped with separate power phases to accommodate specialized operational needs. Located in a high-visibility area with easy access to main roads, downtown amenities, and local businesses, this property presents a strong long-term investment opportunity in Port Alberni’s growing commercial hub. Contact us today for more details or to arrange a viewing. (id:65179)

Property details

From the listing's public record.

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

1. Jun 30, 2026

   Listed $699,000

   Active1 days on marketMLS 1041344

Current market in Port Alberni

Balanced market — 5.1 months of supply at the current sales pace.

Assessment

From publicly available property records.

Local price trend

How Port Alberni has moved over the last decade.

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  $320,000

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  $580,000

  5 bd · 2 ba · 2,040 sqft · $284/sqft · 21 days on market

  Sold Jun 19, 2026 · 98.3% of list

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