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1150 3rd Av 8,181 SF Retail Building Prince George, BC V2L 3E5 For Sale



INVESTMENT HIGHLIGHTS
- Secure long-term lease with government covenant tenant.
- Surrounded by civic, cultural, and retail amenities.
- Strong demographics with household incomes over $105K within 5KM.
- Located in Prince George’s revitalized downtown core.
- Upgraded for full handicap accessibility and new HVAC.
- Entry-level investment with stable cash flow and high yield potential.
EXECUTIVE SUMMARY
1150 3rd Avenue presents a rare opportunity to acquire a secure, government-leased commercial asset in the heart of downtown Prince George, BC. This single-tenant property is backed by a long-term triple-net lease with a high-covenant government tenant, recently renewed with strong indications of continued occupancy. Ideal for entry-level investors seeking stable cash flow, the asset offers a competitive yield and accessible price point in a revitalizing urban core.
Strategically positioned near key civic and cultural anchors—including the Prince George Conference and Civic Centre, Two Rivers Art Gallery, and the Bob Harkins Public Library—the property benefits from steady foot traffic and proximity to retail, entertainment, and institutional amenities. The surrounding area has seen consistent growth, with new mixed-use developments and infrastructure upgrades enhancing long-term value.
The building has been upgraded for full handicap accessibility and features a new rooftop HVAC unit, ensuring operational efficiency and tenant satisfaction. With a zoning designation of C1 – Commercial Downtown and alignment with the city’s Smart Growth OCP, the property is well-positioned for sustained demand and future appreciation.
Strategically positioned near key civic and cultural anchors—including the Prince George Conference and Civic Centre, Two Rivers Art Gallery, and the Bob Harkins Public Library—the property benefits from steady foot traffic and proximity to retail, entertainment, and institutional amenities. The surrounding area has seen consistent growth, with new mixed-use developments and infrastructure upgrades enhancing long-term value.
The building has been upgraded for full handicap accessibility and features a new rooftop HVAC unit, ensuring operational efficiency and tenant satisfaction. With a zoning designation of C1 – Commercial Downtown and alignment with the city’s Smart Growth OCP, the property is well-positioned for sustained demand and future appreciation.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
8,181 SF
Building Class
C
Year Built
1976
Tenancy
Single
Building Height
3 Stories
Building FAR
2.15
Lot Size
0.09 AC
Zoning
C1 - Commercial
Frontage
34’ on 3rd Avenue
AMENITIES
- Signage
- Wheelchair Accessible
Walk Score®
Very Walkable (79)
NEARBY MAJOR RETAILERS
1 of 9
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1150 3rd Av
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