Presented by Robert J. Iio Personal Real Estate Corporation — Team 110 RE/MAX Real Estate (Kamloops).
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)
| MLS® Number | 10393107 |
| Property Type | Other |
| Neigbourhood | City of Vernon |
| Features | Elevator |
| Parking Space Total | 20 |
| 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 |
| Additional Parking |
| 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 for more information
Lisa Salt
(250) 549-7258
saltfowler.com/
Gord Heighton
(250) 549-7258
saltfowler.com/