Two flat, deep tandem lots with direct highway access at the epicentre of Port Alberni's rapidly growing commercial core and main Gateway access. Currently holding 2 '50s quads and 2 SFD's. But the latent value is in the land and its ULTRA high visibility location. These 2 properties (with 5 others adjacent and nearby mobile home park) are subject to imminent amalgamation into the City of Port Alberni. A new subdivision is also planned one block away. This package offering is prime for "core use" rezoning, which allows for a mixed uses development as per city's Planning Dept - up to approx. 70% lot coverage. (FAR determined by developer) Walmart and Canadian Tire malls are directly adjacent on the Alberni highway and municipal sewer right at the rear lot line. With dual driveway access, this location is just waiting for your creative mixed-use vision! With new investments in its waterfront and the housing market/infill booming, Port Alberni is by far the most affordable investment on Vancouver Island. Development permits are going before the local council April 22/2024!
Be a part of it - https://www.albernivalleynews.com/news/san-group-unveils-1-1-billion-housing-plan-for-port-alberni/
Call for info package Re: developments in the city/services update. All measurements are approximate verify if important.
Address
3330/3344 Johnston Rd
List Price
$1,750,000
Property Type
Residential
Type of Dwelling
Other
Area
Port Alberni
Sub-Area
PA Port Alberni
Floor Area
6,000 Sq. Ft.
Lot Size
50529.6 Sq. Ft.
Lot Size (Acres)
1.16 Ac.
Year Built
1951
MLS® Number
929425
Listing Brokerage
RE/MAX of Nanaimo
Basement Area
Other
Postal Code
V9Y 2N5
Tax Amount
$2,786.00
Tax Year
2022
Features
Baseboard, Electric, F/S/W/D, Mixed
Amenities
Acreage