501 W 3RD AVENUE

501 W 3RD AVENUE · Prince Rupert · Retail · $750,000 · MLS C8077851

Prince Rupert, British Columbia
C$750,000
For sale
501 W 3RD AVENUE

501 W 3RD AVENUE is located in Prince Rupert. Property snapshot: Retail, listed at $750,000, MLS C8077851. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 62. Latest recorded list price 750000.00.

List Price: $750,000
MLS: C8077851
Interior Size: 6,840 sqft
Days on Site: 62
Price History: Latest recorded list price 750000.00

Local Decision Guide

How should buyers evaluate 501 W 3RD AVENUE?

Start by reading this listing in its Prince Rupert context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 501 W 3RD AVENUE?

This page shows a list price of $750,000 with MLS C8077851.

What type of home is this Prince Rupert listing?

The page shows Retail at 501 W 3RD AVENUE. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about 62 days on market/site. Latest recorded list price 750000.00.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

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:56153)

Property Details

Retail
Building Type
-
Bedrooms
-
Bathrooms
1920
Year Built
106 years
Age
62
Days on Site
6,840 sqft
Interior Size
C$110
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29603477 (C8077851)

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Site Context

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Property Summary

Price: C$750,000

Days on Site: 62 days

Added to Relistico: 2026-04-14

Updated on: 2026-06-12 07:00 AM PDT

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Lot info

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Schools

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Price History

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Last Updated: Fri, 12 Jun 2026 06:45:29 AM PDT

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