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351 DOMINION STREET, Prince George, British Columbia, V2L 1T6

MLS® # C8055551
Commercial For Sale In Downtown, Prince George, British Columbia
$1,650,000
351 Dominion Street, Prince George, BC
351 Dominion Street, Prince George, BC
351 Dominion Street, Prince George, BC
351 Dominion Street, Prince George, BC
351 Dominion Street, Prince George, BC
351 Dominion Street, Prince George, BC
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ACTIVE
351 DOMINION STREET, Prince George, British Columbia, V2L 1T6
$1,650,000

Property Information:

Just Reduced! Seller looking for a quick sale before June 25th 2024 due to new capital gains legislation. Fantastic office building with a premium Tenant in the heart of downtown Prince George. This centrally located building is across the street from the UNBC Wood Innovation Research Lab and one block from the Ramada hotel. This building has been L&M Engineering's home for many years and they are ready to sign a new 5 year lease (plus additional 5 year option) with a new building owner. Main floor is roughly 6200 sq ft while the basement is around 5200 sq ft. This building is being sold at a 7.4% cap rate so you can see a great return on your investment. Seller is open to an asset or share sale! Buyer will benefit by way of an approximately $500k capital loss held in the company which can be used for future write downs. * PREC - Personal Real Estate Corporation (id:27)

Building Features:

  • Style: Office
  • Fire Protection: Security system

Property Features:

  • Property Type: Office
  • Built in: 1959

Courtesy of: Team Powerhouse Realty

REALTOR.ca  

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Market Price Trends

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Location of 351 DOMINION STREET, Prince George, British Columbia, V2L 1T6

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: Moderate-Low

23 hot days expected in 2050

Projected Precipitation Risk: Moderate

14 storms expected in 2050

Projected Heat Risk: Moderate-Low

23 hot days expected in 2050

32/100

Moderate-Low

ClimateCheck®

Current data

This property, 351 DOMINION STREET , 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
7
2050
23

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 Precipitation Risk: Moderate

14 storms expected in 2050

46/100

Moderate

ClimateCheck®

Current data

This property, 351 DOMINION STREET , 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
12
2050
14

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 351 DOMINION STREET, Prince George, British Columbia, V2L 1T6

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Number of Children

1.22

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

44.03 %

High school certificate or equivalent

54.01 %

Apprenticeship trade certificate/diploma

1.14 %

College/non-university certificate

0.33 %

University Degree

0.49 %

Commuter

Travel To Work

By Car

98.86 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

1.14 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

65.98 %

Houses

34.02 %

Own Vs. Rent

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