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5787 Albert Place Pg City South (Zone 74), British Columbia V2N 4R5

8550 sqft

$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