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$ 4,179,000
Est. payment /mo
New
3100 30 Avenue Vernon, BC V1T2C2
15,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 15000
Square Footage 15,000 sqft
Price per Sqft $278
Subdivision City Of Vernon
MLS® Listing ID 10393107
Year Built 1995
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type Freehold
Property Description
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:24570)
Location
Province BC
Rooms
Kitchen 0.0
Interior
Heating Other
Cooling Heat Pump
Exterior
Parking Features Yes
View Y/N No
Roof Type Unknown
Attached Garage No
Total Parking Spaces 20
Garage Yes
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by RE/MAX Vernon Salt Fowler