1205 3rd Ave
3rd Ave, Central Business District, Prince George, BC, V2L 3E6
Quick Summary
Quick Summary
- Fully renovated mixed use building in desirable location
- Long term commercial tenants provide stable income
- Prince George diverse growing regional economy
- Everything updated - electrical, roof, windows
- Asset in exceptionally good condition
- Over $9000 rental income per month
- Brand new fire panel installed in 2022
Rarely will you find such a location and renovation at such an attainable price point. 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... Show More
Rarely will you find such a location and renovation at such an attainable price point. 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. Over $9000 rental income/month. (id:54626)
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