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3100 30 Avenue

City of Vernon, Vernon, BC, V1T2C2

Listed by RE/MAX Vernon Salt Fowler

$4,179,000

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  • 20 parking
  • 15000 sq ft

Listed 114 days ago · MLS® 10393107

About this home

Fully leased, income-producing investment opportunity in the heart of downtown Vernon. This well-maintained three-storey office building is fully occupied by five established tenants, providing immediate, stable cash flow with an approximate 5.25% cap rate based on the current asking price and existing rental income. Offering approximately 13,778 rentable square feet, elevator service, and exceptional corner exposure, this is a turnkey commercial asset in one of Vernon's most sought-after downtown locations. A rare second parcel with 20 owned parking stalls provides outstanding value, additional income potential, and future redevelopment flexibility. With zoning that supports redevelopment of up to 16 storeys, this property offers both reliable income today and significant long-term upside. Surrounded by professional offices, restaurants, shopping, government services, and everyday amenities, this is an exceptional opportunity to acquire a premium investment property in Vernon's downtown core. (id:66966)

Details

Type
Other
Size
15000 sq ft
Property tax
$65,571
Neighbourhood
City of Vernon
Municipality
Vernon

Interior

Fireplace
No

Heating, cooling and services

Air conditioning
Heat Pump
Water and sewer
Municipal sewage system

Building and exterior

Year built
1995
Outdoor
Brick, Stucco

Parking

Total parking
20
Driveway and parking
Additional Parking

Location

Location is approximate. See nearby homes on the map

Listed by RE/MAX Vernon Salt Fowler.

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