Retail for Sale — Prince Rupert, BC
$750,000
501 W 3RD AVENUE, Prince Rupert, BC V8J1L9
Property details
Structured details
- Lot dimensions
- 0.1
- Security
- Security system
Listing Information
- MLS®
- C8077851
- Listed
- April 14, 2026
- Time on market
- 153 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
Prime commercial two-storey building offering approximately 6800 square feet, situated in the heart of downtown, across from CIBC & City Hall. This versatile property has a rich history of multifunctional use, having previously accommodated a mix of retail and offices. This expansive building offers endless redevelopment possibilities, including up to five multifamily units, due to its C1 zoning designation. The generous layout is designed to meet a range of business and residential needs. The top floor has panoramic views of the city skyline, the picturesque harbour, and majestic mountains beyond. Well-maintained throughout the years, newer roof, new furnace, and foundation upgrades, to name a few. Seize this exceptional opportunity to unlock its full potential in a rapidly growing area, perfect for investors and visionary developers! (id:63159)
Financing calculator
Estimate your monthly payment on the $750,000 asking price.
Financing details
- Monthly debt service
- $7,280
- Cash required at close
- $175,000
- DSCR
- —
- Cash-on-cash return (yr 1)
- —
Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.
Location
Local market size (Prince Rupert)
- Population
- 12,300(+0.7% since 2016)
- Population density
- 186.4/km²
- Median household income
- $95,000
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 16.0%
- Postsecondary below bachelor's
- 27.9%
- High school diploma
- 33.6%
- No certificate/diploma
- 22.5%
Population aged 15 and over.
Commute
- Car, truck or van
- 85.7%
- Public transit
- 1.7%
- Walked
- 10.2%
- Bicycle
- 0.9%
- Other
- 1.6%
Commute duration
- Under 15 min
- 71.8%
- 15–29 min
- 23.2%
- 30–44 min
- 3.4%
- 45–59 min
- 0.4%
- 60+ min
- 1.2%
Employed labour force with a usual workplace.
Mother Tongue
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (5+)
- Pho 8859m
- West End Canadian and Chinese Food · 610 3rd Avenue West106m
- Pizza Hut · 616 3rd Avenue West120m
- Lee & Ann Family Restaurant Canadian & Vietnamese Cuisine · 636 3rd Ave West155m
- Unnamed156m
Cafes (3)
- javadotcup · 516 3rd Avenue W35m
- Tim Hortons200m
- Starbucks351m
Grocery (2)
- Safeway · 200 2nd Avenue West339m
- Save-On-Foods · 841 3rd Avenue West350m
Shopping (1)
- The Bargain! Shop131m
Parks (5+)
- Peter James Lester Garden100m
- Service Park103m
- Rotary Waterfront Park388m
- Unnamed433m
- Unnamed515m
Gyms (3)
- The Gym1m
- Zikhara yoga542m
- Fortitude Fitness Training612m
Pharmacies (3)
- Shoppers Drug Mart169m
- Safeway Pharmacy327m
- Save-On-Foods Pharmacy380m
Banks & ATMs (5+)
- CIBC36m
- Scotiabank130m
- BMO · 333 2nd Avenue West155m
- TD204m
- Northern Savings Credit Union369m
Nearby places data: © OpenStreetMap contributors.
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All in Prince Rupert →Frequently asked questions
What is the asking price for this business?
The asking price is $750,000.
Where is this business located?
This listing is located in Prince Rupert, British Columbia.
How current is this listing?
This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 14, 2026.