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.