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 improvements 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. (id:4069)
Address
1157 5TH AVENUE
List Price
$1,999,000
Property Type
Retail
Area
British Columbia
Sub-Area
Prince George
Floor Area
10,062 Sq. Ft.
Lot Size
0.17 Sq. Ft.
Year Built
1967
MLS® Number
C8062107
Listing Brokerage
Century 21 Energy Realty (PG)
Postal Code
V2L3L1
Amenities
Street Lighting, Balconies
