5787 Albert Place Pg City South (Zone 74), British Columbia V2N 4R5
$2,300,000
Fully leased iconic building and property parcel in the exclusive College Heights area of Prince George. This building is currently netting 13K per month from both Tenants (Yamamoto & MJB Cannabis) and is being sold at a fantastic 6.8% cap rate. The cannabis store is brand new and fully renovated while the restaurant was fully renovated in the last 5 years or so. The restaurant section has a huge bar area with tall ceilings along with one of the largest restaurant patios in Prince George. There is even an amazing opportunity to expand on the almost 1 acre in-town parcel. The massive parking area and easily accessible road could easily support another complex in the area if desired. Huge opportunity to own a building that is know city wide that will pay for itself with current Tenants. (id:33224)
Property Details
| MLS® Number | C8043833 |
| Property Type | Retail |
| Road Type | Paved Road |
Building
| Amenities | Street Lighting, Storefront |
| Fire Protection | Security System |
| Size Interior | 8550 Sqft |
Parking
| Visitor Parking |
Land
| Acreage | No |
| Size Irregular | 0.95 |
| Size Total | 0.95 Ac |
| Size Total Text | 0.95 Ac |
https://www.realtor.ca/real-estate/24308326/5787-albert-place-pg-city-south-zone-74
Interested? Contact Us About Listing
Contact Denise Dykes
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BC Northern Real Estate Board
Team Powerhouse Realty
April 27 2022 05:46:43
