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:4069)
| Address |
1205 3RD AVENUE |
| List Price |
$1,300,000 |
| Property Type |
Retail |
| Area |
British Columbia |
| Sub-Area |
Prince George |
| Floor Area |
9,795 Sq. Ft. |
| Lot Size |
0.07 Sq. Ft. |
| MLS® Number |
C8062989 |
| Listing Brokerage |
Royal LePage Aspire Realty
|
| Postal Code |
V2L3E6 |
| Amenities |
Street Lighting, Storefront |
