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Investment signal

$7,650,000

4488 W 16 HIGHWAY

Save this home

Beds

Baths

Sqft

Year

1998

Type

Retail

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Prince George. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

For more info, please click Brochure button. We are pleased to present BonVoyage Plaza, a fully leased commercial investment property with stable income and strong future development potential. Currently at 100% occupancy, the plaza features 10 diverse tenants including Esso Gas Station, Convenience Store & Car Wash (anchor), Hair Salon, First Aid Training Centre, Women’s Clothing Store, Laundromat, Pizza Take-Out, Second- Hand Store, Liquor Store, Union Offices, and Himalayan Restaurant. This well-balanced mix of essential services, retail, food, and professional offices ensures steady traffic and reduced vacancy risk. Included with the sale is over 1 acre of vacant C6-zoned commercial land, offering excellent expansion or redevelopment opportunities to further increase revenue and long-term value. Buyer to assume all existing leases, providing immediate reliable cash flow. BonVoyage Plaza is a rare opportunity to acquire a fully leased, income-producing property. (id:65958)

Subtype
Retail
Living area
25,000 square feet
Lot size
3.23 acres
Lot dimensions
3.23
On market
Aug 26, 2025
Status changed
Apr 16, 2026
Photos
7
MLS#
C8071726
Area
PRINCE_GEORGE
Negative cash flow ~$7,820/mo at these assumptions

Cash on cash

-6.13%

Cap rate

3.64%

GRM

16.7

Break-even rent

$46,482

Financing

Down payment$1,530,000
Loan amount$6,120,000
Mortgage$31,009/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$3,506
Insurance$80
Maintenance$6,375
CapEx reserve$3,188
Vacancy loss$1,913

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $31,009/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.

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