About 4571 Pemberton Rd
Well-maintained 42-unit, 3-storey apartment building on a 63,597 sq. ft. lot in Port Alberni. Strong investment opportunity with significant upside potential as current rents are below market and vacancy remains extremely low at 1.5% (CMHC Oct. 2024). Major upgrades completed in 2018–2019 include exterior envelope improvements with HardiBoard siding, double thermal pane windows, vinyl-covered balconies, and new hot water boilers. Features include elevator service, electric baseboard heating with individually metered suites, 3-phase 1,600-amp electrical service, fire alarm system, on-site Coinamatic laundry, private balconies/patios, full municipal services, and SBS flat roof updates in 2025. Bonus bachelor suite (#100) rented at $825/month not included in stated income, offering additional revenue potential.Building area from BC Assessment.
Features of 4571 Pemberton Rd
| MLS® # | 1036693 |
|---|---|
| Price | $5,990,000 |
| Square Footage | 34,632 |
| Acres | 1.39 |
| Type | Commercial Sale |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 4571 Pemberton Rd |
|---|---|
| Area | PA Port Alberni |
| City | Port Alberni |
| County | Port Alberni, City of |
| Province | BC |
| Postal Code | V9Y 5K2 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
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Additional Information
| Date Listed | May 11th, 2026 |
|---|---|
| Days on Market | 122 |
Listing Details
| Office | Royal LePage Coast Capital - Chatterton |
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