4920 Argyle St, Port Alberni, BC, V9Y-1V7
COMMERCIAL Investment opportunity! Bring your ideas to this approximately 9000 sq foot commercial building.This commercial opportunity is located in the South Port Core Business District. The main floor is approximately 4352 square feet and is divided into 2 leasable units. The 2nd level is one open area of approximately 4508 square feet and previously housed a gym with shower/change rooms & bathrooms facilities. This concrete block building offers good visual exposure and is only 1/2 block from a main intersection. Zoned C7 offering a multitude of opportunities including retail, restaurant or perhaps live/work space or multifamily in this highly visible location in an area of uptown Port Alberni experiencing a rejuvenation. Building includes a large open space upstairs and room for offices or retail down. Has street parking and lane access to rear, all city serviced. Building might be eligible for a tax exemption. All measurements are approximate and must be verified if important.
The priority for this building should be to establish a solid membrane roof. The current roof has defects that are allowing water into the building during the rains. It is a large roof and estimates have been supplied showing approximately $80k to $90k cost to replace. The previous owner had apparently performed an abatement but we could not find any record or supplier of this work. This would need to be re-assessed! Some work was performed to begin renovations but it was performed without any sequence to events, thus creating a confusion of efforts.
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