Alberni Valley Real Estate Specialist Dave Ralla

5304 Argyle St

Port Alberni, Vancouver Island
British Columbia, Canada V9Y 1T8

$1,400,000

Description

50% interest in The historic Carmoor Block is being offered for sale! Immaculately maintained building is a great opportunity for the investor wanting a building with significant opportunities in both commercial and residential leasing. Location of this building is 2nd to none, just steps from the Harbour Quay, Frances Barclay, 2 marinas, so much shopping & restaurants & also right across the street from the historic steam train station. The 5 commercial leases (2 restaurants, foot care,...

... and Bike shop) enjoy plenty of foot traffic from the cruise ship Port nearby. The building was significantly renovated in 2004, including 6 brand new residential units (4 - 2 bedroom units, 2 - 1 bedroom units) most enjoying inlet views and all with in -suite laundry, natural gas fireplaces, and heat pumps. Building also offers the opportunity for a 3rd floor as a seismographic upgrade was also preformed in 2004. Amazing opportunity!