430 3RD AVENUE
Prince George, British Columbia
MLS® C8079667
$1,399,999
- Status
- Active
- Property type
- Industrial
- MLS® number
- C8079667
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 5Listing description
This well-maintained 12,156 sq. ft. commercial property offers a strong income-producing opportunity with a mix of retail, office, and warehouse space.
The property consists of two buildings: 430 3rd Avenue - approximately 5,556 sq. ft. , currently occupied by the owner's business but ready for your possession; 410 3rd Avenue - approximately 5,592 sq.
ft. warehouse space, leased to a long-term tenant through 2027, providing stable cash flow. In addition, there is approximately 1,020 sq.
ft. of vacant space with the potential to generate an additional $1,200 per month in rental income. All leases are structured as Triple Net (NNN), minimizing operating expenses for the owner and providing predictable returns.
The property currently generates approximately $56,000 in annual income. With full occupancy, the property has the potential to achieve an estimated 9%- 10% cap rate.
Property summary
- MLS® number
- C8079667
- Property type
- Industrial
- Square footage
- 12,156 sq ft
- Land size
- 0.3 acres
- Days on market
- 74 days
What would this home cost you?
Based on the $1,399,999 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Team Powerhouse Realty, Prince George.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.