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Home BC Greater Vernon North Okanagan Vernon
3607 31 Street
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3607 31 Street $1,498,000
$1,498,000
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3607 31 Street
Vernon, British Columbia V1T5J4

MLS® Number: 10368772

Listing Description

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. (39494999)

Property Summary

Property Type
Office
Building Type
Offices
Neighbourhood Name
City of Vernon
Land Size
0.29 ac|under 1 acre
Built in
1995
Parking Type
Additional Parking, Rear
Time on REALTOR.ca
23 days

Building

Bathrooms
Partial
0
Building Features
Features
Wheelchair access
Present Use
Offices
Heating & Cooling
Cooling
Central air conditioning
Heating Type
See remarks
Exterior Features
Roof Style
Other
Parking
Parking Type
Additional Parking, Rear

Measurements

Square Footage
9362 sqft
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250-309-4436
Tanya Meyer