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:44056)

Property Details

Full Address:
3100 30 Avenue, Vernon, British Columbia
Price:
$ 4,179,000
MLS Number:
10393107
List Date:
June 29th, 2026
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
Security:
Sprinkler System-Fire
Ownership Type:
Freehold
Taxes:
$ 65,571

Floors

Finished Area:
15000 sq.ft.

Land

Lot Size:
0.23 ac
Lot Features:
Elevator
Current Use:
Mixed use

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

Mortgage Calculator

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