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4605 LAZELLE AVENUE

$2,980,000

C8082900
MLS#
21064 sqft
sqft

Description

Exceptional downtown investment opportunity! This C1-zoned mixed-use building offers outstanding exposure in a prime central location. The two-storey building with basement features approximately 12,900 sq ft of ground-floor commercial plaza space occupied by 9 tenants, plus 9,000 sq ft of basement storage and service areas. The 9,000 sq ft second floor offers 12 residential units, including 10 bachelor suites and 2 one-bedroom units. Fully occupied, this property provides a diverse income stream from both commercial and residential tenancies. A rare opportunity to own a substantial, income-producing asset in the heart of downtown! 7.3% cap rate.

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Dawn Monsen

(250) 641-1964
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RE/MAX Coast Mountains

Overview

  • Price $2,980,000
  • MLS # C8082900
  • Age 1960
  • Size 21064 sqft

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If you’re looking to buy real estate in Prince Rupert or you want to list your home for sale let’s meet to discuss your real estate goals….contact RE/MAX Coast Mountains today!

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