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For Sale
$999,000
MLS® C8080168
1205 3RD AVENUE
Prince George, British Columbia, V2L3E6
- Interior
- 9,795 sqft
- Property type
- Retail
- Building
- Retail
- Year built
- 1948
- Lot size
- 0.7 acres
- Business type
- Other
Property facts
- Interior
- 9,795 sqft
- Property type
- Retail
- Building
- Retail
- Transaction
- For Sale
- Year built
- 1948
- Lot size
- 0.7 acres
- Business type
- Other
About this property
Rarely will you find such a location and renovation at such an attainable price point. This fully-renovated mixed-use building is located at the corner of 3rd Avenue and Dominion St 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. (id:53361)