Victoria Real Estate
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2984 3rd Ave

$1,100,000

Sointula

Detached— · — · —Built 1961355 days on market

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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

Level lotCorner Site

Price history

1 record

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Jul 9, 2025

    Listed $1,100,000

    Active355 days on marketMLS 1006864

How this listing compares

Based on 9 sales in Sointula

Median 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 market1.3 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.

Recent nearby sales

12 sales
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    $1,281,500

    3 bd · 3 ba · 2,591 sqft · $495/sqft · 43 days on market

    Sold Jun 29, 2026 · 95% of list

  • Lt 12 Ruxton Island

    $420,000

    3 bd · 1 ba · 1,317 sqft · $319/sqft · 726 days on market

    Sold Jun 29, 2026 · 77.1% of list

  • Lt 9 Ruxton Lane

    $525,000

    2 bd · 1 ba · 1,042 sqft · $504/sqft · 146 days on market

    Sold Jun 29, 2026 · 90.7% of list

  • 115 Rupert Ave

    $399,000

    2 bd · 2 ba · 2,137 sqft · $187/sqft · 27 days on market

    Sold Jun 24, 2026 · 99.8% of list

  • 4 Pirates Lane

    $1,055,000

    4 bd · 3 ba · 2,904 sqft · $363/sqft · 213 days on market

    Sold Jun 23, 2026 · 88.3% of list

  • 165 Pilkey Point Rd

    $860,000

    2 bd · 3 ba · 2,877 sqft · $299/sqft · 64 days on market

    Sold Jun 11, 2026 · 96.1% of list

  • 59 Pilkey Point Rd

    $875,000

    2 bd · 3 ba · 1,734 sqft · $505/sqft · 29 days on market

    Sold Jun 3, 2026 · 97.2% of list

  • 0 Gorge Harbour (Off) Rd

    $3,230,000

    3 bd · 3 ba · 3,263 sqft · $990/sqft · 542 days on market

    Sold May 29, 2026 · 89.7% of list

  • 5-620 Helanton Rd

    $737,000

    2 bd · 4 ba · 1,310 sqft · $563/sqft · 394 days on market

    Sold May 28, 2026 · 95.8% of list

  • 178 Quadra Loop

    $740,000

    4 bd · 3 ba · 1,484 sqft · $499/sqft · 203 days on market

    Sold May 27, 2026 · 98.9% of list

  • 148 Pilkey Point Rd

    $1,040,000

    3 bd · 3 ba · 2,820 sqft · $369/sqft · 161 days on market

    Sold May 14, 2026 · 94.6% of list

  • 54 Pirates Lane

    $678,000

    2 bd · 1 ba · 720 sqft · $942/sqft · 177 days on market

    Sold May 11, 2026 · 93.5% of list

More on this listing

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