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:13843)
MLS# | C8062989 |
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Listing Type | For Sale |
Status | Active |
Days On Site | 122 |
Listing Provided By | Royal LePage Aspire Realty | Darcy Porsnuk |
SQ Feet | 9,795 |
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Acreage | 0.07 |
State | BC |
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City | Prince George |
Zip Code | V2L3E6 |
Listing VS Median (in V2L3E6) | |
Price: $1,300,000 low | high Med: $1,300,000 SqFt: 9,795 low | high Med: 9,795 $ / SqFt: $133 low | high Med: $133 On Site: 122 low | high Med: 122.000000 |