3330/3344 Johnston Rd, Port Alberni | $1,750,000

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.

Description

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.

General Info


MLS Listing ID: 929425 Bedrooms: 0 Bathrooms: 0 Year Built: 1951
Parking: N/A Heating: Baseboard heaters Lotsize: 1.16 ac Air Conditioning : None

Amenities/Features


  • Acreage

MAP View


Street View


Get More Info



Mortgage Calculator




Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .