Type

Industrial

MLS® Number

1050303

CBRE presents the opportunity to acquire 5119 Athol Street, an extensively improved, ultra-secure commercial/industrial facility offering approximately 5,700 SF over three levels in central Port Alberni. The property is configured for product processing, packaging, production, servicing, sales, secure storage and warehousing, with specialized improvements throughout. Currently occupied by the vendor, the property is being offered primarily as an investment opportunity, with the purchaser able to negotiate a new triple-net lease with the vendor and potentially achieve an attractive approximately 6.7% cap rate. Located near Port Alberni’s waterfront, Harbour Quay, downtown amenities and major transportation routes. Vacant possession for an owner-user or alternative leasing arrangements may also be considered, providing flexibility for investors and businesses alike.