1205 3RD AVENUE Active

Prince George,BC V2L3E6

$ 1300000

- Bed

- Bath

9795 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 9,795 sqft

Price per Sqft $132

MLS Listing ID C8062989

Originating Board BC Northern Real Estate Board

Lot Size 3,049 Sqft

Acres 3049.2

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:24570)

Location

Province BC

Exterior

Garage No

Waterfront No

View Y/N No

Private Pool No

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