Retail for sale

1157 5th Avenue, Downtown PG, Prince George

$2,150,000 or
Retail for sale in Downtown PG, Prince George, PG City Central, 1157 5th Avenue, 224960187 | Realtylink.org
$2,150,000 or

Retail for sale

1157 5th Avenue, Downtown PG, Prince George

Features

Lifestyle
224960187 2150000 /en/retail~for-sale~downtown-pg-prince-george/224960187?view=Summary /en/retail~for-sale~downtown-pg-prince-george/224960187/photos 53.9146000000 -122.7449900000 true
Year Built
1967
Floor Area
8,992 sqft
Lot Size
7,551 sqft
Gross Property Tax
$33,933.06 /year
Building Type
Commercial Mix
Zoning
C1
# of Parking Spaces
2
Amenities
Air Conditioning, Balconies, Emergency Lighting, Handicap Access/Facil, HVAC System, Washrooms Female/Male
82

Description

1157 5th Ave is a great investment with multiple income streams located in the heart of downtown Prince George, British Columbia. The owner has done an excellent job of increasing value by investing in substantial systems upgrades & property investments including 4 new HVAC systems and 3 phase power. The main floor has just undergone extensive renovations with the restaurant wanting to renew a lease on a long term basis at current market rents. Property includes two fully renovated Air BnB units upstairs (one 2 bd/2 bath & one studio), a wedding and photography studio and college also upstairs on long term leases. A new owner can enjoy future profits from the groundwork which has already been done.
MLS® Number C8055118

Listing REALTOR®

Joe Postnikoff, REALTOR<sup>®</sup>

Joe Postnikoff

REALTOR®

Century 21 Energy Realty (PG)

Century 21 Energy Realty (PG),

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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