Updates mentioned by the listing
- Furnace / HVACUpdated 1996“Built in 1996, the building has seen significant recent upgrades including 8 new rooftop HVAC units and fresh exterior/interior paint, new carpet and flooring i”
- FlooringUpdated 1996“Built in 1996, the building has seen significant recent upgrades including 8 new rooftop HVAC units and fresh exterior/interior paint, new carpet and flooring i”
From the listing description. Ask Sean to confirm ages and receipts before you write an offer.
About this home
Excellent investment opportunity at 3605 31st Street in the heart of Vernon. Well-maintained commercial property featuring 6 established rental units with a strong tenant mix and excellent street exposure. Built in 1996, the building has seen significant recent upgrades including 8 new rooftop HVAC units and fresh exterior/interior paint, new carpet and flooring in the common areas, offering a turnkey asset for investors. Ample parking with convenient rear alley access plus customer use of approximately 20 parking stalls directly in front of the building. Elevator services all three floors plus basement storage area. High-visibility location with steady foot traffic and strong surrounding commercial presence makes this an ideal long-term holding property in a growing market. Current tenants include Medicine Shoppe Pharmacy , Ok Ped , Last Frontier Heli Ski, Doctors Office, and Keystone Property Management. Professionally managed with Coldwell Banker Executives.
Highlights & things to check
Highlights
- Per the listing, the building has 6 established rental units, with current tenants including a pharmacy, a medical office and a property manager.
- Per the listing, an elevator serves all three floors and the basement storage area.
- Per the listing, about 20 customer parking stalls sit in front of the building, with rear alley access.
- Per the listing, 8 rooftop HVAC units were recently installed, and the interior and exterior were repainted.
- The property is zoned Commercial Mixed Use: Business (CMUB) and is not in a City flood or wildfire hazard permit area.
Things to check
- The listing shows the roof as "Other" and the building dates from 1996. Ask for the roof type, age and any repair history.
- Ask for current leases, rent roll and expense records, since the listing does not show the rental income.
- The City has a development application on file within about 400 m. See City of Vernon map facts for details.
Sean Phillips’s notes from the listing and public information. Not part of the MLS® listing. Please confirm anything important.
Living at 3605 31 Street
Neighbourhood scores
8.6 / 10Walk & bike score: 7.7 / 10, from how close the nearest school, park or trail, rec centre and town centre are.
Family Home Match
Everyone in the family marks what matters to them (Skip, Nice or Must), and every home gets a match score. Kids too.
Set up my family’s matchYour answers stay on your phone or computer.
Scores and distances are Sean Phillips’s own measure of straight-line distance from this home to public B.C. map data (schools, parks and trails, lakes, town centres, rec centres, hospitals). They are not part of the MLS® listing; please check anything that matters to you.
Distances from the front door
Straight-line distances. Driving distances are longer.
Property details
- Price
- $2,575,000
- MLS® number
- 10402706
- Property type
- Single-family home · Residential Commercial Mix · Other
- Living area
- 13,080 sq ft
- Parking spaces
- 30
- Community
- City of Vernon, Vernon
Features
- Heating
- Forced air
- Cooling
- Central air conditioning
- Parking
- Additional Parking
- Roof
- Other, Unknown
- Lot
- Elevator, Bicycle parking
City of Vernon map facts
- Zoning
- Commercial Mixed Use: Business (CMUB). See what this zone allows, including suites
- Future plans (OCP 2025)
- Urban Centre: Primary
- City neighbourhood
- Downtown
- Flood hazard area
- No, not in the City’s flood hazard permit area.
- Wildfire hazard area
- No
- Nearest fire hall
- About half a kilometre or less away (Fire Hall 1), straight-line distance. Inside the 10-minute response area for Station 1 (Downtown) and Station 2. A nearby fire hall matters for home insurance and for emergencies: firefighters are often first on scene for medical calls too.
- Garbage and organics
- Wednesday Biweekly Garbage Pickup (Week 1 of 2), Wednesday Weekly Organics Pickup
- What’s planned nearby
- 3500 32 ST: To facilitate a mixed-use development (5 storey apartment building with ground floor commercial units). Application
- 3700 27 ST: To vary the following sections of Sign Bylaw 4489 to facilitate a sign on three sides of the building as follows: - Section A. Fascia Signs, 1. Site Area from 14.0m2 to 82.4m2, for the cumulative area on the North, East and South side of the exterior wall on the commercial area. Application
- 2804 35 AVE: To allow the temporary use of a standalone parking facility (surface parking lot) in the CMUB zone. Application
From the City of Vernon’s public maps, checked 2026-10-22. Not part of the MLS® listing. Please confirm anything important with the City of Vernon.
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Listing information is provided by Coldwell Banker Executives Realty through the REALTOR.ca DDF®. It is deemed reliable but not guaranteed accurate and should be independently verified. Last updated 2026-10-15.