1205 3RD AVENUE, Prince George

2024-09-14
 

Quick Summary

Location
1205 3RD AVENUE, Prince George, British Columbia V2L3E6
Price
$1,300,000 CAD
Status:
For Sale
Property Type:
Retail
Area:
9795ft2

MLS®#C8062989

Property Description

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:32467)

Property Features

Building

  • Amenities: Street Lighting, Storefront
  • Fireplace: No
  • Interior Size: 9795 sqft

Land

  • Land Size: 0.07 ac

Information entered by Royal LePage Aspire Realty
Listing information last updated on: 2024-09-19 16:57:25


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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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