Area: British Columbia
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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: The owner's preference is a share sale. Due to the sensitive nature of the tenant businesses, property showings will be reserved exclusively for qualified buyers actively engaged in the offer process. (id:44056)

Property Details

Full Address:
3607 31 Street, Vernon, British Columbia
Price:
$ 1,498,000
MLS Number:
10368772
List Date:
November 21st, 2025
Lot Size:
0.29 ac
Year Built:
1995

Interior Features

Air Conditioning:
Central air conditioning
Heating:
See remarks

Building Features

Roof:
Other, Unknown
Garage:
Rear, Additional Parking

Floors

Finished Area:
9362 sq.ft.

Land

Lot Size:
0.29 ac

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Tanya Meyer Royal LePage Downtown Realty
 250-309-4436
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Listing Agent(s)

Listing: Tanya Meyer
Royal LePage Downtown Realty

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