4541 Margaret St, Port Alberni
Excellent mixed-use commercial opportunity! Situated on a 0.20-acre C3-zoned lot just off Johnston Road, this 3,300 sq. ft. building offers excellent exposure in a high-traffic location surrounded by established businesses. The main floor is home to Asia Gardens, a 38-seat restaurant featuring a commercial kitchen, two washrooms, and ample storage. An additional retail/commercial unit on the main floor is currently leased, providing immediate rental income. Upstairs, the bright and spacious residential suite offers a bright, open-concept living area with an eat-in kitchen, three bedrooms, two bathrooms, and a sunny deck — ideal for an owner-operator. The rear of the property provides additional parking and storage space, enhancing the property's versatility. An excellent opportunity for investors or owner-operators seeking a well-located income-producing property with commercial and residential components. All measurements approximate; verify if important. (id:1945)
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Property details for 4541 Margaret St, Port Alberni
- Type
- Commercial
- Living Area
- 3,300 square feet
- Lot Size
- 8712
- Heating
- Baseboard heaters, Forced air, Electric, Natural gas
- Ownership
- Freehold
- Annual Taxes
- $8,140
Nearby Listings Stat
Estimated price and comparable properties near 4541 Margaret St
Active Listings
134
Min Price
$99,999
Max Price
$6,800,000
Avg Price
$658,710
Days on Market
87
days
Sold Listings
33
Min Sold Price
$59,900
Max Sold Price
$1,749,900
Avg Sold Price
$576,930
Days until Sold
110
days
Price History
Listed
July 7, 2026
by REMAX Professionals - Dave Koszegi Group
Current Price
$899,000
+12.5% from last change
Type
Commercial
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $899,000 | +$100,000 (+12.5%) |
| Jul 7, 2026 | $799,000 | Listed |
