Area: British Columbia
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Rarely will you find such a location and renovation at such an attainable price point. over 6% cape rate .This fully-renovated mixed-use building is located at the corner of 3rd Avenue and Dominion Street in the heart of Prince George. The entire building was renovated in 2016/17. Everything has been updated - electrical, mechanical, roof, windows, and interiors. A brand-new fire panel was installed in 2022. As a result, the asset is in exceptionally good condition and will provide stable income for decades. Cap rate is 5% Commercial tenants are stable with long term leases. Prince George is a growing regional centre with a diverse economy including health care, retail, manufacturing, construction, natural gas, mining, forestry, education and so much more. Very secure long term tenant with newly signed lease. (id:44056)

Property Details

Full Address:
1205 3RD AVENUE, Prince George, British Columbia
Price:
$ 1,300,000
MLS Number:
C8062989
List Date:
September 14th, 2024
Lot Size:
0.07 ac
Listing Tax Year:
2024

Interior Features

Interior Features:
Storefront, Street Lighting

Building Features

Floors

Finished Area:
9795 sq.ft.

Land

Lot Size:
0.07 ac
Road Type:
Paved road

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Darcy Porsnuk Royal LePage Aspire Realty
 250-565-5036
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Listing Agent(s)

Listing: Darcy Porsnuk
Royal LePage Aspire Realty
Co-Listing: Denise Dykes
Royal LePage Aspire Realty

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