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Mixed-Use

134 Harold Ave

134 Harold Ave, Princeton, BC V0X 1W0

Listing Price: $1,300,000

Cap Rate
5.07%
Number of Units
5
Occupancy
100.0%
Price/Unit
$260,000
Price/Gross SF
$71.06
Gross SF
18,295

Investment Overview

Mixed-use property in Princeton, BC, featuring four residential units and a high-profile BC Liquor Store tenant in a sought-after location.

Investment Highlights

  • Strong going-in cap rate at 5%, with ability to increase residential rents upon turnover, and escalating rents with the Liquor Distribution Branch.
  • Attractive suite mix with 2x2-bedrooms and 2x1-bedrooms, and a desirable government tenant with the Liquor Distribution Branch (BC Liquor Store).
  • The property is centrally located in Princeton, BC, surrounded by Save-on-Foods, Shoppers Drug Mart, and additional shops and restaurants.
  • Historic building, which has undergone recent extensive renovations by the retail tenant, and contains a lift with dock loading at the back of the building, an additional garage storage.

Exclusively Listed By

Mixed-Use

134 Harold Ave

Listing Price: $1,300,000

Cap Rate
5.07%
Number of Units
5
Occupancy
100.0%
Price/Unit
$260,000
Price/Gross SF
$71.06
Gross SF
18,295

Investment Highlights

  • Strong going-in cap rate at 5%, with ability to increase residential rents upon turnover, and escalating rents with the Liquor Distribution Branch.
  • Attractive suite mix with 2x2-bedrooms and 2x1-bedrooms, and a desirable government tenant with the Liquor Distribution Branch (BC Liquor Store).
  • The property is centrally located in Princeton, BC, surrounded by Save-on-Foods, Shoppers Drug Mart, and additional shops and restaurants.
  • Historic building, which has undergone recent extensive renovations by the retail tenant, and contains a lift with dock loading at the back of the building, an additional garage storage.

Investment Overview

Mixed-use property in Princeton, BC, featuring four residential units and a high-profile BC Liquor Store tenant in a sought-after location.

Exclusively Listed By

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