Presented by Robert J. Iio Personal Real Estate Corporation — Team 110 RE/MAX Real Estate (Kamloops).
3607 31 Street Vernon, British Columbia V1T 5J4
$1,498,000
Fully Leased Commercial building in prime Vernon location with 6000 SF of leasable space. This hard to find investment property presents a rare opportunity for investors seeking a stable, income-producing asset. With its strategic placement between Vernon's two busiest streets (27th Street and Highway 97) guarantees high traffic exposure, strong demographics, and excellent connectivity to surrounding neighborhoods. The building is well maintained and three of the four tenants have done recent renovations to modernize their units. There is convenient on site parking for both tenants and customers to the building. Beyond its current performance, the property offers significant long-term upside - the Official Community Plan designates the site for Mixed Use High Density Commercial and Residential, making it an ideal candidate for future redevelopment and value appreciation. NOTE: There is an accepted offer and back up offer on this property. There will be no showings at this time. (id:61048)
Property Details
| MLS® Number | 10368772 |
| Property Type | Office |
| Neigbourhood | City of Vernon |
| Features | Wheelchair Access |
Building
| Constructed Date | 1995 |
| Cooling Type | Central Air Conditioning |
| Heating Type | See Remarks |
| Roof Material | Other |
| Roof Style | Unknown |
| Size Interior | 9,362 Ft2 |
| Type | Offices |
Parking
| Additional Parking | |
| Rear |
Land
| Acreage | No |
| Size Irregular | 0.29 |
| Size Total | 0.29 Ac|under 1 Acre |
| Size Total Text | 0.29 Ac|under 1 Acre |
https://www.realtor.ca/real-estate/29126227/3607-31-street-vernon-city-of-vernon
Contact Us
Contact us for more information
Tanya Meyer
4007 - 32nd Street
Vernon, British Columbia V1T 5P2
(250) 545-5371
(250) 542-3381
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