$ 4,179,000 3100 30 Avenue

This listing presented by Stephen Buck. Contact Stephen by phone: 250-860-1100 or email direct here.

Listing Info

Area: Vernon
Property Type: Other
Ownership: Freehold
MLS® Number: 10393107
Year Built: 1995
Lot Size: 0.23
Listing Status: Active
List Price: $ 4,179,000

Place Nearby (within radius 1.5 km)



0 BR / 0 BA Other – Vernon

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:6769)

Construction Info

Interior Finish: 15000
Sewer: Municipal sewage system
Parking: 20

Rooms Dimension

Listing Agent:

Lisa Salt
(250) 549-7258

Brokerage:

RE/MAX Vernon Salt Fowler
(250) 549-7258
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