9795 sqft
$1,300,000.00
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:45575)
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