Property 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:7434)