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:35966)
3100 30 AvenueVernon, British Columbia, V1T2C2
Listing Details
Property Details
- Full Address:
- 3100 30 Avenue, Vernon, British Columbia
- Price:
- $ 4,179,000
- MLS Number:
- 10393107
- List Date:
- June 29th, 2026
- Neighbourhood:
- City of Vernon
- Lot Size:
- 0.23 ac
- Year Built:
- 1995
- Taxes:
- $ 65,571
Interior Features
- Air Conditioning:
- Heat Pump
- Heating:
- Other
Building Features
- Sewer:
- Municipal sewage system
- Water:
- Municipal water
- Roof:
- Other, Unknown
- Exterior:
- Brick, Stucco
- Garage:
- Additional Parking
- Garage Spaces:
- 20
- Ownership Type:
- Freehold
- Taxes:
- $ 65,571
Floors
- Finished Area:
- 15000 sq.ft.
Land
- Lot Size:
- 0.23 ac
- Current Use:
- Mixed use