$1,300,000
1205 3RD AVENUE Prince George, BC V2L3E6
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$1,300,000
Est. payment /mo
9,795 SqFt
Active
1205 3RD AVENUE Prince George, BC V2L3E6
UPDATED:
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
State BC
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No
Listed by Royal LePage Aspire Realty
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