About 5350 Falls St
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 plus 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.
Features of 5350 Falls St
| MLS® # | 1039995 |
|---|---|
| Price | $2,499,900 |
| Acres | 5.84 |
| Type | Commercial Sale |
| Sub-Type | Unimproved Land |
| Status | Active |
Community Information
| Address | 5350 Falls St |
|---|---|
| Area | PA Port Alberni |
| City | Port Alberni |
| County | Port Alberni, City of |
| Province | BC |
| Postal Code | V9Y 9G3 |
Amenities
| View | Mountain(s), Valley, River |
|---|---|
| Is Waterfront | Yes |
| Waterfront | River |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Additional Information
| Date Listed | June 11th, 2026 |
|---|---|
| Days on Market | 91 |
Listing Details
| Office | Real Broker |
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