3315 30 Avenue Vernon, British Columbia V1T 2C9
12682 sqft
$2,498,888
Commercial Property in the core of downtown Vernon Offered at $2,498,888.00 – (plus businesses) Approximately 12,682 Up to 50% Vendor Take-Back (VTB) financing available. Presenting the 3315 30 Ave Building: A golden chance to own a bustling commercial property in the core of downtown Vernon. This two-story gem is more than an investment; it's a portal to generating both passive and active income, featuring: 1.Vibrant Second-Floor Business: The Vernon Hostel, boasting a 30-bed capacity and a convenient manager's suite. (available for sale) 2.Ground-Floor Tenant: Kawakubo Restaurant, a long-standing establishment occupying roughly 4,270 sqft, providing a consistent income stream. (available for sale) 3.Emerging Revenue Stream: A ready-to-launch 1,200 sqft Cannabis Dispensary space (Cannabis Retail License #450426), alongside an additional 3,070 sqft of rentable basement space, opening new avenues for income. 4.Convenient Freight Elevator: Ensuring easy goods transport from the main floor to the basement, enhancing operational efficiency. Leasing Highlights: 1.Hostel: Hostel Available for sale: $178,000 2.Restaurant: Restaurant available for sale $129,000 3.Basement Space: Available for lease, projecting $3,500 to $5,700 monthly plus T-net. (id:22648)
Property Details
| MLS® Number | 10310982 |
| Property Type | Other |
| Neigbourhood | City of Vernon |
Building
| Size Interior | 12682 Sqft |
| Type | Residential Commercial Mix |
Land
| Acreage | No |
| Current Use | Mixed Use |
| Size Irregular | 0.11 |
| Size Total | 0.11 Ac|under 1 Acre |
| Size Total Text | 0.11 Ac|under 1 Acre |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/26803327/3315-30-avenue-vernon-city-of-vernon
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May 02 2024 06:11:45
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