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1205 3rd Avenue Prince George, British Columbia V2L 3E6

9795 sqft

$1,300,000

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:59116)

Business

BusinessType Accommodation
BusinessSubType Boarding house

Property Details

MLS® Number C8062989
Property Type Retail
RoadType Paved Road

Building

Amenities Street Lighting, Storefront
SizeInterior 9795 Sqft

Land

Acreage No
SizeIrregular 0.07
SizeTotal 0.07 Ac
SizeTotalText 0.07 Ac

https://www.realtor.ca/real-estate/27414661/1205-3rd-avenue-prince-george

Interested?

Contact us for more information


Darcy Porsnuk


Royal LePage Aspire Realty
1625 4th Avenue
Prince George, British Columbia V2L 3K2

Denise Dykes
Personal Real Estate Corporation


Royal LePage Aspire Realty
1625 4th Avenue
Prince George, British Columbia V2L 3K2

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