351 DOMINION STREET, Prince George

2023-11-07
 

Quick Summary

Location
351 DOMINION STREET, Prince George, British Columbia V2L1T6
Price
$1,650,000 CAD
Status:
For Sale
Property Type:
Office
Area:
11409ft2
Year of Construction:
1959

MLS®#C8055551

Property Description

Just Reduced! Seller looking for a quick sale before June 25th 2024 due to new capital gains legislation. Fantastic office building with a premium Tenant in the heart of downtown Prince George. This centrally located building is across the street from the UNBC Wood Innovation Research Lab and one block from the Ramada hotel. This building has been L&M Engineering's home for many years and they are ready to sign a new 5 year lease (plus additional 5 year option) with a new building owner. Main floor is roughly 6200 sq ft while the basement is around 5200 sq ft. This building is being sold at a 7.4% cap rate so you can see a great return on your investment. Seller is open to an asset or share sale! Buyer will benefit by way of an approximately $500k capital loss held in the company which can be used for future write downs. * PREC - Personal Real Estate Corporation (id:32467)

Property Features

Building

  • Fireplace: No
  • Interior Size: 11409 sqft

Land

  • Land Size: 0.15 ac

Information entered by Team Powerhouse Realty
Listing information last updated on: 2024-09-19 16:56:12


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.

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What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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