Overview

This retail property in Prince George is for sale offering roughly 9,795 sq ft of space. It has been on the market 121 days, fresher than the Prince George average of 163 days.

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Description

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 St 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. (id:66096)

Market Timing

Days on market

121d

Prince George listings, avg age

163d

Price / ft²

$102

List price

$999K

Haho

This retail in Prince George has been listed for 121 days, which is 42 days fresher than the city average of 163. Act while there is still low competition.

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$999,000· $102/ft²

For sale

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1205 3RD Avenue, Prince George - Retail for Sale

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