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VERNON

Vernon is located in the Okanagan Valley in British Columbia, Canada. Vernon is a popular tourist destination because of its beautiful lakes, beaches, wineries, and outdoor recreational opportunities. Visitors can enjoy swimming, boating, and watersports on Okanagan Lake, which is surrounded by several beaches and parks. The city also has a vibrant downtown area with shops, restaurants, and several wineries offering tastings and tours. Outdoor enthusiasts can also enjoy hiking, biking nearby, and skiing at the Silver Star Mountain Resort.

Vernon also boasts a rich cultural scene with several museums, art galleries, and a performing arts center. The city also hosts several events and festivals throughout the year and offers scenic drives and beautiful views of the lake and mountains. Vernon is located in the Okanagan Valley in British Columbia, Canada. Known for its beautiful lake.

The real estate market in Vernon offers a mix of single-family homes, townhouses, and condos. Prices are relatively affordable compared to other major Canadian cities. The city also has a good mix of older and new homes; many properties feature stunning views of the surrounding mountains and Okanagan Lake. The town also boasts a good mix of amenities such as shops, restaurants, and schools. The city is also surrounded by many orchards and vineyards, giving the town a unique rural-urban balance. Outdoor enthusiasts can also enjoy hiking, biking nearby, and skiing at the Silver Star Mountain Resort.

$1,498,000
3607 31 Street - MLS® # 10368772

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. (id:2469)

Features

Wheelchair access

Listing Provided By

Royal LePage Downtown Realty

Neighborhood Info

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All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information. Not intended to solicit properties currently listed for sale.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

REALTOR® contact information provided to facilitate inquiries from consumers interested in Real Estate services. Please do not contact the website owner with unsolicited commercial offers.

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Property Details

Living Area
9,362 sqft.
Bedrooms
N/A
Bathrooms
N/A
Lot Size Area
0.29 ac|under 1 acre
Taxes
N/A
Type
Offices
Style
N/A
Basement
Year Built
1995
Real Estate Listing
Provided by:
  • 302 Eckhardt Ave W
  • Penticton, BC
  • V2A 2A9

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information. Not intended to solicit properties currently listed for sale.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

REALTOR® contact information provided to facilitate inquiries from consumers interested in Real Estate services. Please do not contact the website owner with unsolicited commercial offers.

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