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5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995

5350 Falls St Port Alberni V9Y 9G3 : PA Port Alberni

Main Photo: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995banner
$2,750,000
Prop. Type:
Commercial Sale
MLS® Num:
1039995
Status:
Active
5.84 acres along the Somass River, primed & ready for subdivision (PLR available from the City of Port Alberni for 31 bare land strata lots). Perfect for an investor or builder developer that wants to build out the planned community & sell the homes. Rivers Edge is a thoughtfully planned riverside development offering a range of residential lots. The planning emphasizes livability, efficient land use & access to outdoor space, while remaining practical & cost-conscious for buyers. The layout balances residential lots with shared amenities, creating a cohesive community feel in a natural setting along the Somass River. The subdivision offers a walking trail, view points along the river & beach access. Convenient location close to Clutesi Haven Marina & easy access to Sproat Lake & Tofino. Sale includes PLR & existing subdivision documentation (engineering reports, DFO approvals, Disclosure Statement, QS reports & more). The heavy lifting is complete, this is a turn-key opportunity!
Property Type:
Commercial Sale
Type:
Unimproved Land
Commercial Type:
Land
Lease Type:
See Remarks
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
PA Port Alberni, Port Alberni
Bathrooms:
- (Full:-/Half:-)
Lot Size:
Switch units of measure5.84 acre(s)
Taxes:
Ceiling Heights:
Switch units of measure
Commercial Area:
Fireplace:
No
Pending Date:
Mountain(s), Valley, River
River Front
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Port Alberni
Legal Description:
Units in Building:
Units in Community:
Lot Site Features:
Acreage, Walk on Waterfront
Parking Features:
On Site
Total Units:
Date Listed:
Jun 11, 2026
Original Price:
2850000.0
Listed by Real Broker
Data was last updated June 20, 2026 at 04:05 AM (UTC)
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.