3330/3344 Johnston Rd Port Alberni, British Columbia V9Y 2N5

$1,750,000

Developer/Investor alert! 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. 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 a new MICROTEL First Nations development scheduled for construction across the street in the Walmart Pkg lot in 2026. 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. All measurements are approximate verify if important. Sold ''as is where is.'' All units currently tenanted. (id:59709)

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https://www.realtor.ca/real-estate/28463769/33303344-johnston-rd-port-alberni-port-alberni