$1,150,000

Investment For Sale In Downtown, Prince George, British Columbia

$1,150,000

Property Information:

Rarely will you find such a combination of location, quality renovation, and income potential at this price point. This fully renovated mixed-use building is ideally positioned at the corner of 3rd Avenue and Dominion Street in downtown Prince George. Completely updated in 2016/17, including electrical, mechanical, roof, windows, and interiors, with a new fire panel installed in 2022. The property is in excellent condition and offers stable income with long-term commercial tenants. Currently generating over $11,000/month in rental income with a cap rate exceeding 6%. Prince George continues to grow as a regional hub supported by a strong and diverse economy in healthcare, retail, manufacturing, construction, natural gas, mining, forestry, and education. A solid, turn-key investment ready to deliver consistent returns for years to come. (id:27)

Building Features:

  • Style: Multiplex
  • Floor Space: 9795 sqft
  • Cooling Type: Central air conditioning

Property Features:

  • Property Type: Multi-family
  • Built in: 1948
  • Floor Space (approx): 9795 Square Feet
  • Utility Type: Cable - At Lot Line

Courtesy of: Royal LePage Global Force Realty

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