1157 5TH AVENUE, Prince George | $1,999,000

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.

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Description

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.

General Info

MLS Listing ID: C8062107 Bedrooms: 0 Bathrooms: 0 Year Built: 1967
Parking: N/A Heating: N/A Lotsize: 0.17 ac Air Conditioning : Central air conditioning

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .