1157 5Th Avenue, Prince George, BC, V2L 3L1 - commercial for sale | Listing ID C8055118

1157 5TH AVENUE, Prince George, British Columbia, V2L 3L1

MLS® # C8055118

Commercial For Sale In Downtown, Prince George, British Columbia

$2,150,000

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1157 5TH AVENUE, Prince George, British Columbia, V2L 3L1

$2,150,000

Property Information:

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 investments 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. (id:27)

Building Features:

Style: Retail
Amenities: Street Lighting, Balconies
Floor Space: 8992 Square Feet
Cooling Type: Central air conditioning

Property Features:

Property Type: Retail
Built in: 1967
Floor Space (approx): 8992.00 Square Feet
Road Type: Paved road

Courtesy of: Century 21 Energy Realty (PG)

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Market Price Trends

Location of 1157 5TH AVENUE, Prince George, British Columbia, V2L 3L1

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Significant

23 hot days expected in 2050

Projected Storm Risk: High

14 storms expected in 2050

Projected Heat Risk: Significant

23 hot days expected in 2050

32/100

Significant

ClimateCheck®

Current data

This property, 1157 5TH AVENUE , experiences 7 hot days per year at around 29 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 23 hot days at 32.3 degrees Celsius.

Projected Avg. Temperature

Past

29℃

2050

32.3℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk: High

14 storms expected in 2050

46/100

High

ClimateCheck®

Current data

This property, 1157 5TH AVENUE , experiences 12 significant 2-day storms per year, with about 223mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 267.4mm of precipitation per year.

Precipitation Per Storm

Past

223mm

2050

267.4mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 1157 5TH AVENUE, Prince George, British Columbia, V2L 3L1

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$92,522.82

Average Number of Children

1.54

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

27.11 %

High school certificate or equivalent

36.21 %

Apprenticeship trade certificate/diploma

6.75 %

College/non-university certificate

17.35 %

University Degree

12.58 %

Commuter

Travel To Work

By Car

77.77 %

By Public Transit

1.54 %

By Walking

11.79 %

By Bicycle

2.68 %

By Other Methods

6.22 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

47.41 %

Houses

52.59 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 1157 5TH AVENUE, Prince George, British Columbia, V2L 3L1

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 1157 5TH AVENUE, Prince George, British Columbia, V2L 3L1

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

1157 5TH AVENUE, Prince George, British Columbia, V2L 3L1

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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