4820 Wallace St, Port Alberni
This rare commercial opportunity offers over 12,000 sq ft of functional space across 2 buildings, situated on a 7.51-acre lot with a significant undeveloped portion, ideal for future expansion, outdoor storage, or additional structures. Zoned M1 (Light Industry), the property is perfectly suited for a wide range of commercial, light manufacturing, or service-based uses. The main building at 10,192 sq ft features upper parking, a welcoming foyer, and a spacious lobby. Inside are 6 private offices, support rooms, storage, and restrooms. The lower level includes more office space, storage, restroom, a garage, and 6 over height vehicle bays, all accessible from a fenced lower parking area. The 1,995 sq ft secondary building includes 5 more vehicle bays, enhancing operational capacity. Centrally located this property is ideal for owner-operators or investors seeking a high-utility space with strong fundamentals and excellent accessibility. Measurements are approximate, verify if important. (id:1945)
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Property details for 4820 Wallace St, Port Alberni
- Type
- Commercial
- Lot Size
- 7.51
- Ownership
- Freehold
- Annual Taxes
- $8,516
Nearby Listings Stat
Estimated price and comparable properties near 4820 Wallace St
Active Listings
146
Min Price
$99,999
Max Price
$6,800,000
Avg Price
$679,762
Days on Market
101
days
Sold Listings
35
Min Sold Price
$199,999
Max Sold Price
$1,749,900
Avg Sold Price
$588,011
Days until Sold
93
days
Neighbourhood Census Data
Port Alberni, British Columbia / Colombie-Britannique
Population
608
Median Age
54.7
Median Income
$26,859
Dwelling Value
$259,356
Housing Tenure
Owners 59%
Renters 43%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.8
Pop. Density: 295.8/km²
Avg Shelter Cost: $835/mo
Owners with Mortgage: 52.5%
Owners Spending 30%+: 12.5%
Tenants Spending 30%+: 69%
English only: 95.1%
English and French: 4.9%
Median Household Income: $41,856
Median Employment Income: $23,232
Price History
Listed
July 6, 2026
by REMAX Professionals - Dave Koszegi Group
Current Price
$3,850,000
Type
Commercial
For Sale
