The commercial real estate market in Prince George is showing strong activity and resilience. In recent weeks, several listings have attracted multiple offers, including a property on Douglas Street, which generated significant interest. Beyond that, there has been a steady stream of inquiries on a variety of properties and businesses, both within Prince George and in surrounding areas, reflecting healthy demand across multiple asset classes. Notably, there seems to be considerable interest from out-of-town companies connected to mining, oil and gas, as well as residential services providers, many of whom are seeking warehousing and operational space in the region. Buyers are clearly motivated and seeking opportunities, creating a competitive environment for well-positioned properties.

At the same time, financial institutions appear to be exercising greater caution in some areas, carefully reviewing lending opportunities. However, with the recent interest rate cuts, the investment landscape is becoming increasingly attractive for those looking at long-term commercial acquisitions. Over the next few weeks, I will be connecting with banking professionals to gather semi-annual insights on commercial interest rates and lending trends.

Let me know if I can help you decipher the market

A Couple New Listings I have

225 Unit Residential Property Development. This property is 5 Acres with plans for 225 units. Comes with Appraisal and lots of upside. Seller will develop and manage if needed. Here is a link to the listing. Let me know if you want the full package

Clear Lake Industrial Park. This property was listed with me last year but the owner has dropped the price and is ready to sell. Listed at $3.9M There is considerable value in the 120 acre site. Here is the listing. I can send you the full package

Here are the New listings from the past 2 weeks.

New Multifamily and Strip malls : Check them them out :Here are all the new listings

Commercial and Industrial Land for Sale New : Here you go

7 New Business Listings in the North Check them out

New Lease Listings in the North: Check them out here

And Some Other listings

A Successful Running Restaurant!

My Asian Restaurant Sale fell through. This business was doing $600k has a full kitchen and extra space for a secondary business or small banquets. Asking price is only $135k Sign the confidentiality agreement here (NDA) and get the package. There has been lots of interest so I am hoping it won’t be available long.

Celtic Reforestation Office Warehouse Listing!!

If you are looking for an office/warehouse/shop with a secure 1 acre yard in Prince George, I have just listed this building on 1st Avenue. The building is 9500 sq ft and has offices, training areas, board room as well as a large shop and warehouse. There is lots of storage in the sea containers that form the perimeter walls around the back of the yard and create a secure space from potential intruders.

Asking price $1,950,000. Let me know if you want a tour. Here is the package

 I have other listings you might like

Trade Something for these 3 Vacant Building Lots in Fort St James. Only $19k each. If you are looking for a project with affordable land that you can make your own. These lots might be for you. Owner is motivated and open to creative purchase options. Here is the package

Flooring Store: A great business for someone who is in the renovations business and wants to make the move to retail to save their back! Or just make money! This business has been around for 30 years and ready for you to own. Asking $588,000  Check it out here!

The Paving / Snow Removal Business Has Dropped from $3m – $2.5M Makes good money. Key staff in place. The owner has moved and is ready to sell. Seller is open to offers and vendor financing if necessary. Sign the NDA here

 
Fraser Plumbing and Heating Building Comes with a with 6% Cap Rate

I listed a 12000 sq ft Warehouse on 3rd Avenue in Prince George. This is the Fraser Plumbing and Heating building with 3 leasable spaces. 5600 sq ft is leased out until 2027

Let me know if you have interest $1.89M. Here is the listing. Email me for the package

Are you a Contractor ready for a Project ? I have 7 Unit Warehouse on 7 titles 4th avenue Prince George. This has over 12,000 square foot priced well below replacement value at $1,299,000. The building has tenants, with an income of over $9000 per month. Some tenants have been there long term. Lots of upside. Does need new roof in spots. Ready for your investment. Here is the Package.

Golf Course Development Property. I have a listing for a 10 lot subdivision that backs on a golf course in Prince George. Asking price $499k If this is of interest you can find the package here.

$899k Buys you 13000 sq ft of Warehouse and Retail space

Here is the package. The owner has dropped the price from $1.35M

LEASE 1500 Sq Ft Retail Space on 5th Avenue

Super location with great visibility

Ideal for a practitioner. Here is the package

 Until my next email.

Dave Fuller, MBA, Commercial Realtor

Team Powerhouse Realty

dave@nbccommercial.ca250-617-7467