FOR SALE $685,000€¦ · Main Floor & Second Floor Tax Assessment: $848,000 Gross Taxes:...
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Office & Retail Building 1249 – 1259 Fourth Avenue Prince George BC FOR SALE $685,000 12,600 sq. ft. mixed retail and office space in the downtown core of Prince George Contact information Peter Seed 604 691 6608 [email protected] NAI Commercial 100 – 535 Thurlow St Vancouver, BC V6E 3L2 tel 604 683 7535 fax 604 691 6688 www.naicommercial.ca
Transcript of FOR SALE $685,000€¦ · Main Floor & Second Floor Tax Assessment: $848,000 Gross Taxes:...
Office & Retail Building
1249 – 1259 Fourth Avenue Prince George BC
FOR SALE$685,000 12,600 sq. ft. mixed
retail and office space
in the downtown core
of Prince George
Contact informationPeter Seed604 691 6608
NAI Commercial
100 – 535 Thurlow St
Vancouver, BC V6E 3L2
tel 604 683 7535
fax 604 691 6688
www.naicommercial.ca
Property Summary
The subject property is located in an area
referred to locally as the Downtown Core.
Fourth Avenue is a principal one-way street
with the main traffic flow being carried down to
Queensway Street. Second Avenue is a one-
way street leading traffic from Queensway
Street to the residential area.
Legal Description: Lots 4 – 6, Blk 151, DL
343, C D, Plan 1268
PID: 013-023-730
013-042-190
013-023-675
Land Size: 9,900 sq ft
Building Size: 12,600 sf
Main Floor & Second Floor
Tax Assessment: $848,000
Gross Taxes: $23,424.97
Zoning: C1, C11; Downtown
Age: 49 years
Office & Retail Building
1249 Fourth Avenue Prince George, BC
Contact informationPeter Seed604 691 6608
NAI Commercial
100 – 535 Thurlow St
Vancouver, BC V6E 3L2
tel 604 683 7535
fax 604 691 6688
www.naicommercial.caThe information contained herein has been given to us by the owner o the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase or lease. Ag/1249FourthAve-brochure/Jun 23, 2011/PS
Office & Retail Building
1249 Fourth Avenue Prince George, BC
Description of Improvement
Basic Construction DetailsFoundation: Reinforced poured concrete
Floor: Wood joists with decking
Construction: finish flooring
Exterior Walls: Concrete block; front is glass and wood frame
Roof: Glu-lam beams wood, decking, insulation, tar and gravel
Electrical: 400 amps
Heating: Ground floor has 2 pc. washroom in each rental unit
Interior Finish DetailsGround FloorFlooring: Carpet or vinyl
Ceilings: T-bar with acoustic panels or tile
Walls: Painted or prefinished drywall
Lighting: Fluorescent light fixture
Second FloorFlooring: Carpet or vinyl
Ceilings: T & G pine boards, painted drywall or T-bar and acoustic panels
Walls: Painted or prefinished drywall; or prefinished panels
Lighting: Fluorescent light fixture
Access to the second floor is provided by stairs from Fourth Avenue or by exterior stairs from the
rear. Exterior improvements consist of paved parking at the land.
The building is in good condition and has been well maintained with all maintenance being carried
out when required. The effective age of the building is estimated to be 25 years with a remaining
economic life of 25 years.
Contact informationPeter Seed604 691 6608
NAI Commercial
100 – 535 Thurlow St
Vancouver, BC V6E 3L2
tel 604 683 7535
fax 604 691 6688
www.naicommercial.caThe information contained herein has been given to us by the owner o the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase or lease. Ag/1249FourthAve-brochure/Jun 23, 2011/PS
Rent Roll & Expenses
1249 Fourth Avenue, Prince George BC
Expenses
Insurance 3,007.50$
Janitor 2,865.00$
Property Management 4,000.00$
Property Taxes (2010) 26,325.61$
R / M 17,454.00$
Security 770.00$
Gas 6,839.93$
Hydro 3,812.05$
Garbage 4,023.17$
Water / Sewer 659.21$
69,756.47$
PLAZA 4Unit Area (s.f.) Type Commencement Expiration Rent/Yr. Rate Terms Cam
1249 (Vacant) 1152 Office
1251 (Vacant) 1300 Office
1255 Leathers by Shannon 1620 Retail month to month month to month 15,044.00$ 3.29$ T/N $6.20
1259 Zoe's Java House 2100 Retail month to month month to month 29,400.00$ 7.80$ T/N $6.20
201 Cooper Beauchesne 1100 Office April 1st 2009 March 31st 2013 10,452.00$ 2.26$ T/N $6.20
202 Annabelle Dunbar 897 Office month to month month to month 8,400.00$ 3.16$ T/N $6.20
203 (Vacant) 897 Office
204 Owner office 938 Office
205 Annabelle Dunbar 1102 Office month to month month to month
11,242 63,296.00$
Contact informationPeter Seed604 691 6608
NAI Commercial
100 – 535 Thurlow St
Vancouver, BC V6E 3L2
tel 604 683 7535
fax 604 691 6688
www.naicommercial.caThe information contained herein has been given to us by the owner o the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase or lease. Ag/1249FourthAve-brochure/Jun 23, 2011/PS
