5350 Falls St

Port Alberni, Vancouver Island
British Columbia, Canada V9Y 9G3

$2,750,000

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Description

Shovel-ready riverside development opportunity on 5.84 acres along the Somass River. Preliminary Layout Review (PLR) in hand from the City of Port Alberni for 31 bare-land strata lots - the heavy lifting is done. Zoned RM1 (Low Density Multi-Residential) so the options are wide open: build the planned 31-lot community, develop townhomes, duplexes or multi-family, hold it as one private estate acreage, or reconfigure into 8-10 larger waterfront lots from a half-acre & up sized to allow a home plu...

...s a shop. Flexibility to design for today's market & maximize returns. Thoughtfully planned community with a walking trail, river viewpoints & beach access in a natural setting. Minutes to Clutesi Haven Marina, with easy access to Sproat Lake & Tofino. Sale includes PLR plus full subdivision package: engineering reports, DFO approvals, Disclosure Statement & QS reports. Ideal for investors, builders, end-users, or developers. Buyer to confirm uses, lot configurations& density with the City.

Property Details

  • MLS ID :

  • Price :

  • Property Size :

  • Lot Size Acres :

  • 1039995

  • $2,750,000

  • 5.84

  • Bedrooms :

  • Bathrooms :

  • Garage :

  • Parking Total :

  • No

  • Property Type :

  • Days On Market :

  • MLS Area :

  • MLS Status :

  • Commercial Sale

  • 10

  • Port Alberni

  • Active

Additional Details

  • Tax Annual :

  • Tax Year :

  • $14,181

  • 2025

  • View :

  • Water :

  • Sewer :

  • Mountain(s),Valley,River

Additional Information


Acreage,Walk on Waterfront




Location 5350 Falls St Port Alberni V9Y 9G3


Contact

Clark Power

250-720-1604

clark@powerhousesells.ca

RE/MAX Mid-Island Realty

4201 Johnston Road,, Port Alberni


Property listed by: Real Broker
REALTOR Amy Francoeur,