Property Description
Prime Vernon commercial investment opportunity featuring a long-term Province of British Columbia government tenant. Centrally located at 3007 35 Avenue, the property offers approximately 4,632 sq. ft. of rentable area with a 5-year lease commencing April 1, 2025, plus two additional 5-year renewal options. Zoned CMUB – Commercial Mixed Use: Business, allowing a broad range of commercial and mixed-use opportunities with density up to 3.5 FAR and building height up to 6 storeys. An attractive opportunity to acquire a stabilized government-tenanted asset with secure income and long-term redevelopment potential in a prime Vernon location. (id:6770)
Overview
Price
$
1,550,000
MLS #
10395086
Age
1987
Size
4362 sqft
Lot Size
0.9
acres
Cooling
Central air conditioning
Water
Municipal water
Sewer
Municipal sewage system
Property Type
Office
Roof
Unknown