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174 West St
PA Tofino Tofino V0R 2Z0

$6,489,000
Commercial Sale

Main Photo: 174 West St in Tofino: PA Tofino Other for sale (Port Alberni)  : MLS®# 895347
Photo 1: 174 West St in Tofino: PA Tofino Other for sale (Port Alberni)  : MLS®# 895347
Photo 2: 174 West St in Tofino: PA Tofino Other for sale (Port Alberni)  : MLS®# 895347
Photo 3: 174 West St in Tofino: PA Tofino Other for sale (Port Alberni)  : MLS®# 895347
Photo 4: 174 West St in Tofino: PA Tofino Other for sale (Port Alberni)  : MLS®# 895347
Photo 5: 174 West St in Tofino: PA Tofino Other for sale (Port Alberni)  : MLS®# 895347
Photo 6: 174 West St in Tofino: PA Tofino Other for sale (Port Alberni)  : MLS®# 895347
Photo 7: 174 West St in Tofino: PA Tofino Other for sale (Port Alberni)  : MLS®# 895347
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Photo 9: 174 West St in Tofino: PA Tofino Other for sale (Port Alberni)  : MLS®# 895347
Photo 10: 174 West St in Tofino: PA Tofino Other for sale (Port Alberni)  : MLS®# 895347
Photo 11: 174 West St in Tofino: PA Tofino Other for sale (Port Alberni)  : MLS®# 895347
Photo 12: 174 West St in Tofino: PA Tofino Other for sale (Port Alberni)  : MLS®# 895347
Photo 13: 174 West St in Tofino: PA Tofino Other for sale (Port Alberni)  : MLS®# 895347
Photo 14: 174 West St in Tofino: PA Tofino Other for sale (Port Alberni)  : MLS®# 895347
Photo 15: 174 West St in Tofino: PA Tofino Other for sale (Port Alberni)  : MLS®# 895347
Photo 16: 174 West St in Tofino: PA Tofino Other for sale (Port Alberni)  : MLS®# 895347
Photo 17: 174 West St in Tofino: PA Tofino Other for sale (Port Alberni)  : MLS®# 895347
Photo 18: 174 West St in Tofino: PA Tofino Other for sale (Port Alberni)  : MLS®# 895347
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
895347
Spectacular one of a kind waterfront development opportunity in downtown Tofino! This .78 acre site is zoned for 24 nightly rental condos, and one two-bdrm staff or residential unit. This is one of the most popular tourist destinations and any development on this Tofino gem with prime sunset & ocean views is sure to be highly sought-after. The land for development included in this package is a very successful nightly rental business operating year-round on a temp. use permit valid until 2024. This could allow you to earn income and help cover initial development planning costs. The zoning states “Grice Point Comprehensive Development Zone is intended to accommodate and regulate a comprehensive tourist accommodation & development on a waterfront property located adjacent to a downtown commercial area.” With some restrictions. A detailed info pkg is available including building plans that have been prepared in the past for review although may not meet current development standards.
Property Type:
Commercial Sale
Type:
Other
Commercial Type:
Land
Lease Type:
See Remarks
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
PA Tofino, Port Alberni
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0.786 acre(s)
Taxes:
Ceiling Heights:
Commercial Area:
Fireplace:
No
Pending Date:
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:
District of Tofino
Legal Description:
Units in Building:
Units in Community:
Parking Features:
On Site
Total Units:
Date Listed:
Feb 15, 2022
Original Price:
6750000.0
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Virtual Tour

Listed by RE/MAX Mid-Island Realty (Uclet)
Data was last updated September 25, 2022 at 04:05 AM (UTC)
Area Statistics
Listings on market:
40
Avg list price:
$795,000
Min list price:
$84,900
Max list price:
$14,999,900
Avg days on market:
101
Min days on market:
11
Max days on market:
506
These statistics are generated based on the current listing's property type and located in Port Alberni. Average values are derived using median calculations.
TIA TRAVISS

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Tia Traviss : Tofino Realtor®
Cell: 250-534-9842
Fax: 250-725-2039
Office: 250-725-2038
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.