1669 Victoria St - Medical FOR SALE


Prince George, BC V2L 2L5
$8,799,000 CAD
778-763-5514
1669 Victoria St, Prince George, BC for Sale
$8,799,000 CAD
Medical - FOR SALE
1/1
null | Request Cap Rate

1669 Victoria St
Prince George, BC V2L 2L5


HIGHLIGHTS

  • Downtown Location
  • Current Rental Income
  • Revenue Potential

OVERVIEW

For Sale: Premier Commercial Medical Building in Prince George, BC – The Victoria Medical Building An exceptional investment opportunity awaits with the Victoria Medical Building, an established and strategically located medical office building in the heart of downtown Prince George. Situated at 1669 Victoria Street, this 70,596 sq. ft. property is a landmark for healthcare services in the region, ideally positioned within Prince George’s thriving medical district. The building's prime location, robust tenant mix, and flexible C2 zoning make it an outstanding choice for investors seeking a stable, long-term investment. Property Highlights: Building Size: 70,596 sq. ft. across multiple levels, designed to cater to medical and professional tenants with versatile spaces tailored to healthcare. Land Area: 42,635 sq. ft. (1.12 acres) – ample space for future growth and easy accessibility. Tenant Base: A diverse mix of 40 office and retail tenants, including a wide range of medical professionals and healthcare service providers, ensuring consistent rental income. Parking Amenities: Two secure underground parkades with 28 stalls provide convenient parking for tenants and visitors in a bustling downtown setting. Zoning: C2 (General Commercial) – allows the property’s versatility and potential for additional revenue streams. Key Features: Established Medical Hub: Positioned in the heart of Prince George's medical and professional district, the property is surrounded by complementary businesses, enhancing foot traffic and convenience for tenants and clients. Turnkey Investment: This well-maintained building, with a strong occupancy rate and established tenant leases, provides an immediate income stream and potential for steady growth. Modern Infrastructure: Built with the needs of medical and professional tenants in mind, the Victoria Medical Building includes accessible facilities, modern elevators, and adaptable floor plans. Strategic Location: Located in downtown Prince George, the property is easily accessible via public transit and major roads and is close to Prince George's main hospital and healthcare facilities. Ideal Tenants & Uses: Medical practitioners, healthcare clinics, and specialized service providers. Complementary businesses such as pharmacies, wellness centers, and medical equipment suppliers. Professional services like law firms, consulting, and financial advisory offices.

FOR SALE DETAILS

PRICE

$8,799,000 CAD

PRICE/SF

$125 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

B

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,689 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Brent MarshallBusiness Finders CanadaMore Info
778-763-5514

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Brent MarshallBusiness Finders CanadaMore Info
778-763-5514

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.