Chris and Alease Arcus

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Main Photo: 5304 Argyle St in Port Alberni: PA Port Alberni Mixed Use for sale : MLS®# 893472
Photo 1: 5304 Argyle St in Port Alberni: PA Port Alberni Mixed Use for sale : MLS®# 893472
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Photo 76: 5304 Argyle St in Port Alberni: PA Port Alberni Mixed Use for sale : MLS®# 893472
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
893472
The historic Carmoor Block is being offered for sale for the first time on the market! 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 2ndto 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, quilting store, and women's clothing boutique) enjoy plenty of foot traffic from the cruise ship Port nearby. The building was significantly renovated in 2003, 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 2003. Amazing opportunity!
Property Type:
Commercial Sale
Type:
Mixed Use
Commercial Type:
Building
Lease Type:
Sale Of Shares
Listing General Location:
PA Port Alberni, Port Alberni
Bathrooms:
- (Full:-/Half:-)
Lot Size:
13,939.296 sq. ft.
Taxes:
$12,100 / 2021
Building Features:
Fire Alarm, Fire Sprinklers, High Traffic Area, Transit Nearby
Construction:
Frame Wood
New Construction:
No
Foundation:
Concrete Perimeter
Total Building Area:
18,000 sq. ft.
Commercial Area:
Downtown
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
Central Air
Heating:
Electric, Heat Pump, Natural Gas
Fireplace:
No
Awning(s)
Mountain(s), Ocean
Main Level
0
Yes
No
Unrestricted
Financing Notes:
2.5% on 100k, 1% on balance if physically introduced, otherwise $1000
Assessed:
778300.0
Assessment year:
2021
Jurisdiction name:
City of Port Alberni
Legal Description:
Lot 1, Block 112, Plan VIP69861, District Lot 1, Alberni Land District
Zoning:
C7
Occupancy:
Tenant
Property Condition:
Updated/Remodeled
Lot Site Features:
Corner Lot, Marina Nearby, Recreation Nearby, Shopping Nearby
Parking Features:
On Site
Total Units:
1
Date Listed:
Feb 01, 2022
Original Price:
3900000.0
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Virtual Tour

Data was last updated September 28, 2022 at 07:30 AM (UTC)
Area Statistics
Listings on market:
26
Avg list price:
$722,000
Min list price:
$84,900
Max list price:
$3,150,000
Avg days on market:
86
Min days on market:
15
Max days on market:
510
These statistics are generated based on the current listing's property type and located in PA Port Alberni. Average values are derived using median calculations.
CHRIS ARCUS
ALEASE ARCUS
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.