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5350 Falls St
PA Port Alberni Port Alberni V9Y 9G3

$2,850,000
Commercial Sale

Main Photo: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
Photo 1: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
Photo 2: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
Photo 3: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
Photo 4: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
Photo 5: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
Photo 6: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
Photo 7: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
Photo 8: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
Photo 9: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
Photo 10: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
Photo 11: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1039995
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:
5.84 acre(s)
Taxes:
Ceiling Heights:
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
  • Photo 1: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
    Photo 1 of 11
  • Photo 2: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
    Rendering for illustrative purposes only *bare land lot for sale
  • Photo 3: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
    Photo 3 of 11
  • Photo 4: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
    Rendering for illustrative purposes only *bare land lot for sale
  • Photo 5: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
    Photo 5 of 11
  • Photo 6: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
    Rendering for illustrative purposes only *bare land lot for sale
  • Photo 7: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
    Photo 7 of 11
  • Photo 8: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
    Photo 8 of 11
  • Photo 9: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
    Rendering for illustrative purposes only *bare land lot for sale with private strata beach & amenities
  • Photo 10: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
    Rendering for illustrative purposes only *bare land lot for sale
  • Photo 11: 5350 Falls St in Port Alberni: PA Port Alberni Unimproved Land for sale : MLS®# 1039995
    Rendering for illustrative purposes only *bare land lot for sale
Listed by Real Broker
Data was last updated June 12, 2026 at 08:05 AM (UTC)
Area Statistics
Listings on market:
42
Avg list price:
$662,450
Min list price:
$59,900
Max list price:
$7,950,000
Avg days on market:
65
Min days on market:
1
Max days on market:
547
These statistics are generated based on the current listing's property type and located in PA Port Alberni. Average values are derived using median calculations. This data is not produced by the MLS® system.
Cheryl Barnes
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.