Retail for sale
1205 3rd Avenue, Downtown PG, Prince George
$1,300,000
$1,300,000
Retail for sale
1205 3rd Avenue, Downtown PG, Prince George
Features
Floor Area
9,795 sqft
Lot Size
3,300 sqft
Gross Property Tax
$24,892.70 /year
Building Type
Mixed Use, Commercial Mix, Street-Level Storefront
Building / Complex Name
The White Goose Bistro
Zoning
C1
Subject Property Width
30 ft
Subject Property Depth
110 ft
Amenities
Cooler(s), Storefront
Description
Rarely will you find such a location and renovation at such an attainable price point. over 6% cape rate .This fully-renovated mixed-use building is located at the corner of 3rd Avenue and Dominion Street 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. Very secure long term tenant with newly signed lease.
MLS® Number C8062989