Krista MacDonald   

Krista MacDonald
Office:250 477-5353
Cell:250 588-0494
Toll Free:1 800-461-5353

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4571 Pemberton Rd in Port Alberni: PA Port Alberni Multi Family for sale : MLS®# 1036693

4571 Pemberton Rd Port Alberni V9Y 5K2 : PA Port Alberni

Main Photo: 4571 Pemberton Rd in Port Alberni: PA Port Alberni Multi Family for sale : MLS®# 1036693
$5,990,000
Prop. Type:
Commercial Sale
MLS® Num:
1036693
Status:
Active
Well-maintained 42-unit, 3-storey apartment building on a 63,597 sq. ft. lot in Port Alberni. Strong investment opportunity with significant upside potential as current rents are below market and vacancy remains extremely low at 1.5% (CMHC Oct. 2024). Major upgrades completed in 2018–2019 include exterior envelope improvements with HardiBoard siding, double thermal pane windows, vinyl-covered balconies, and new hot water boilers. Features include elevator service, electric baseboard heating with individually metered suites, 3-phase 1,600-amp electrical service, fire alarm system, on-site Coinamatic laundry, private balconies/patios, full municipal services, and SBS flat roof updates in 2025. Bonus bachelor suite (#100) rented at $825/month not included in stated income, offering additional revenue potential.Building area from BC Assessment.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
PA Port Alberni, Port Alberni
Bathrooms:
- (Full:-/Half:-)
Lot Size:
Switch units of measure1.395 acre(s)
Taxes:
Ceiling Heights:
Switch units of measure
Total Building Area:
Switch units of measure34,632 sq. ft.
Commercial Area:
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Port Alberni
Legal Description:
Units in Building:
Units in Community:
Parking Features:
On Site
Total Units:
Date Listed:
May 11, 2026
Original Price:
5990000.0
Listed by Royal LePage Coast Capital - Chatterton
Data was last updated September 22, 2026 at 08:05 PM (UTC)
KRISTA MACDONALD
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.