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:44056)

Property Details

Full Address:
4541 Margaret St, Port Alberni, British Columbia
Price:
$ 819,000
MLS Number:
1042547
List Date:
July 7th, 2026
Building Size:
3300 sq.ft.
Lot Size:
8712 sq.ft.
Taxes:
$ 8,140

Interior Features

Heating:
Baseboard heaters, Forced air, Electric, Natural gas

Building Features

Building Size:
3300 sq.ft.
Zoning:
Unknown
Zoning Detail:
C3
Ownership Type:
Freehold
Taxes:
$ 8,140

Floors

Land

View:
City view, Mountain view
Lot Size:
8712 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Business Type:
Restaurant, Retail and Wholesale

Neighbourhood Details

Location

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Dave Koszegi Personal Real Estate Corporation REMAX Professionals - Dave Koszegi Group
250-723-7653
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Listing Agent(s)

Lead Agent: Dave Koszegi
Office: REMAX Professionals - Dave Koszegi Group
Originating Board: Vancouver Island Real Estate Board

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