$4,179,000

3100 30 Avenue, Vernon

City of Vernon, Vernon, BC V1T2C2

15,000 sq ft · Single-family home

Listed by RE/MAX Vernon Salt Fowler · Gordon Fowler

About this property

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:67417)

Property details

Price

$4,179,000

MLS® number

10393107

Property type

Single-family home · Residential Commercial Mix · Other

Ownership

Freehold

Living area

15,000 sq ft

Lot size

0.23 acres · 0.23

Year built

1995

Parking spaces

20

Annual taxes

$65,571

Community

City of Vernon, Vernon

Features

Heating

Other

Cooling

Heat Pump

Parking

Additional Parking

Roof

Other, Unknown

Exterior

Brick, Stucco

Lot

Elevator

Water

Municipal water

Sewer

Municipal sewage system

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