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:58436)
Business Type | Accommodation |
Business Sub Type | Boarding house |
MLS® Number | C8062989 |
Property Type | Retail |
Road Type | Paved Road |
Amenities | Street Lighting, Storefront |
Size Interior | 9,795 Ft2 |
Acreage | No |
Size Irregular | 0.07 |
Size Total | 0.07 Ac |
Size Total Text | 0.07 Ac |
https://www.realtor.ca/real-estate/27414661/1205-3rd-avenue-prince-george
Contact us for more information
Darcy Porsnuk
(250) 564-4488
(800) 419-0709
(250) 562-3986
www.royallepageprincegeorge.com/
Denise Dykes
Personal Real Estate Corporation
(250) 564-4488
(800) 419-0709
(250) 562-3986
www.royallepageprincegeorge.com/
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