1205 3rd Avenue

$1,150,000 |   MLS® Number  C8073039

Multi-family for sale in Downtown PG, Prince George, PG City Central, 1205 3rd Avenue, 224978108 | Realtylink.org

Multi-family for sale

Year Built
1948
Floor Area
9,795 sqft
Lot Size
3,300 sqft
Gross Property Tax
$24,449.23 /year
Building Type
Freestanding, Commercial Mix, Mul Tenant/MultiPlex (5+)
Zoning
C-1
Amenities
Air Conditioning, Secured Parking, Washrooms Female/Male
Suite Mix Information
1 x Bachelor/Studio, 2 x 2 ½
Total no. of Units
3
Financial Summary
$9,000

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.