
2984 3rd Ave
$1,100,000
Sointula
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About this home
Rare opportunity to own a centrally located 20,000 sq.ft. income-generating building in the heart of Port Alberni's shopping district. This solid concrete block structure is currently configured for multiple tenants, including both commercial spaces and residential suites. The main level features a spacious retail area currently operated by the seller, while the basement is leased to a long-term commercial tenant. The second floor includes residential rental units, offering excellent income potential. Property Highlights: Total area: approx. 20,000 sq.ft. Main floor: 8,000 sq.ft. retail space Basement: 8,000 sq.ft. leased space Second floor: 4,000 sq.ft. residential suites 6 washrooms in total Don't miss this exceptional investment opportunity in a high-visibility, high-traffic location! (id:65179)
Property details
From the listing's public record.
Lot size
8,125 square feet
Year built
1961
Taxes
$5,521/yr
Zoning
Unknown
Lot
Price history
1 recordEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Jul 9, 2025
Listed $1,100,000
Active355 days on marketMLS 1006864
How this listing compares
Based on 9 sales in SointulaMedian sold
$650,000
Avg days on market
144 days
Avg sale-to-list
95.7%
Avg $/sqft
$341
Current market in Sointula
Active (same type)
1
Pending
1
All active listings
3
Months of supply
1.3
Seller's market — 1.3 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$935,000
Land
$227,000
Improvements
$708,000
Homes in Islands sell at 104.1% of assessed value on average.
Based on 63 recent sales.
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Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.