INVEST IN PRINCE GEORGE REAL ESTATE OPPORTUNITIES COMMERCIAL PROPERTIES

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1 INVEST IN PRINCE GEORGE REAL ESTATE OPPORTUNITIES COMMERCIAL PROPERTIES

2 REAL ESTATE INVESTMENT OPPORTUNITIES* 5 6 Downtown Prince George Properties 1. 6 th Avenue & Quebec Street 2. 2 nd Avenue & Victoria Street 3. 2 nd Avenue & Quebec Street Brunswick Street Highway Properties 5. Highway Off of Highway 97 *Sale of City owned property is subject to Council approval Page 2

3 PRINCE GEORGE, BRITISH COLUMBIA With a population of nearly 80,000, Prince George is the largest city in one of the fastest growing regions in Canada and is fast becoming a centre for investment and growth. The city s skilled workforce and diversified business sectors offer a range of opportunities for new business investment across the expanding economy. It is the supply and service centre for business, industry, transportation, healthcare, education and culture for a much larger region of over 327,511 people and represents 50% of all capital investments proposed in the northern region of BC. By the Numbers; Population 73,590 City 85,996 CA Annual Employment Average Home Price 47,000 $284,600 Since 2012, Prince George has seen over a quarter of a billion dollars of significant development which is nearly double the amount of investment that was seen in the eleven years prior. 188 new homes built in 2014 Page 3

4 6 th AVENUE & QUEBEC STREET DOWNTOWN REAL ESTATE INVESTMENT OPPORTUNITY Currently zoned C1 which permits a variety of office, retail, housing and service uses. This property is situated in the Central Business District. Located within walking distance to a variety of local shopping, independently-owned and franchised restaurants, financial district and transit. Existing building currently provides some holding income Size: 0.76 acres (33,000 square feet) SIZE: 0.76 acres (33,000 square feet) C1 DOWNTOWN COMMERCIAL Page 4

5 2 nd AVENUE & VICTORIA STREET DOWNTOWN REAL ESTATE INVESTMENT OPPORTUNITY Currently zoned C1 which permits a variety of office, retail, housing and service uses. This property is situated in the Central Business District. Located adjacent to a large parkade and within walking distance to a variety of local shopping, independently-owned and franchised restaurants, financial district and transit. This site is currently used for parking and contains no buildings. Size: 0.37 acres (16,178 square feet) SIZE: 0.37 acres (16,178 square feet) C1 DOWNTOWN COMMERCIAL Page 5

6 2 nd AVENUE & QUEBEC STREET DOWNTOWN REAL ESTATE INVESTMENT OPPORTUNITY C1 DOWNTOWN COMMERCIAL Currently zoned C1 which permits a variety of office, retail, housing and service uses. This property is located in the downtown core within walking distance to a variety of local shopping, independently-owned and franchised restaurants, financial district and transit. This site is currently used for parking and contains no buildings. Size: 0.75 acres (32,655 square feet) SIZE: 0.75 acres (32,655 square feet) Page 6

7 999 BRUNSWICK STREET DOWNTOWN REAL ESTATE INVESTMENT OPPORTUNITY Currently zoned P3 which permits a variety of institutional, health services and recreation uses. This property is situated in a desirable location near the Central Business District. It is located adjacent to Civic Plaza and Two Rivers Gallery, and within walking distance to a variety of local shopping, independently-owned and franchised restaurants, financial district and transit. This site is currently vacant. Size: 0.37 acres (16,386 square feet) SIZE: 0.37 acres (16,386 square feet) P3 MAJOR INSTITUTIONAL Page 7

8 2626 RECREATION PLACE HIGHWAY 16 REAL ESTATE INVESTMENT OPPORTUNITY Currently zoned P2 which permits uses such as club, community care facility, and education. This property is located near the intersection of Highway 16 and Highway 97 It is located near a 500,000 square feet shopping centre, golf course, casino and a future hotel development. This site is currently vacant. Size: 2.48 acres (108,028 square feet approx.) SIZE: 2.48 acres (108,028 square feet) P2 MINOR INSTITUTIONAL Page 8

9 2744 & th AVENUE REAL ESTATE INVESTMENT OPPORTUNITY P3 MAJOR INSTITUTIONAL Currently zoned P3 which permits a variety of institutional, health services and recreation uses. This property is situated off of Highway 97. It is located within walking distance to restaurants, services, transit and a City park. This site is currently contains buildings and a vacant forested area. Size: 3.11 acres (135,803 square feet approx) SIZE: 3.11 acres (135,805 square feet) Page 9

10 For more information contact: City of Prince George Economic Development Department

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