Presented by Robert J. Iio Personal Real Estate Corporation — Team 110 RE/MAX Real Estate (Kamloops).

(250) 851-3110
info@team110.com
Team 110 | Your Kamloops REALTOR®

3100 30 Avenue Vernon, British Columbia V1T 2C2

15,000 sqft
Heat Pump Other

$4,179,000

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:61048)

Property Details

MLS® Number 10393107
Property Type Other
Neigbourhood City of Vernon
Features Elevator
Parking Space Total 20

Building

Constructed Date 1995
Cooling Type Heat Pump
Exterior Finish Brick, Stucco
Fire Protection Sprinkler System-fire
Heating Type Other
Roof Material Other
Roof Style Unknown
Size Interior 15,000 Sqft
Type Residential Commercial Mix
Utility Water Municipal Water

Parking

Additional Parking

Land

Acreage No
Current Use Mixed Use
Sewer Municipal Sewage System
Size Irregular 0.23
Size Total 0.23 Ac|under 1 Acre
Size Total Text 0.23 Ac|under 1 Acre

https://www.realtor.ca/real-estate/29968733/3100-30-avenue-vernon-city-of-vernon

Contact Us

Contact us for more information

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Lisa Salt

(250) 549-7258
www.saltfowler.com/
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RE/MAX Vernon Salt Fowler
5603 27th Street
Vernon, British Columbia V1T 8Z5

(250) 549-7258
saltfowler.com/

Gord Heighton

(250) 241-5289

RE/MAX Vernon Salt Fowler
5603 27th Street
Vernon, British Columbia V1T 8Z5

(250) 549-7258
saltfowler.com/

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