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!
Address
5350 Falls St
List Price
$2,850,000
Property Type
Commercial Sale
Type of Dwelling
Unimproved Land
Transaction Type
Sale
Area
Port Alberni
Sub-Area
PA Port Alberni
Lot Size
254390.4 Sq. Ft.
Lot Size (Acres)
5.84 Ac.
MLS® Number
1039995
Listing Brokerage
Real Broker
Postal Code
V9Y 9G3
Tax Amount
$14,180.99
Tax Year
2025
Amenities
Acreage, Walk on Waterfront