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$ 3,980,000
Est. payment | /mo
16,480 SqFt
$ 3,980,000
Est. payment | /mo
16,480 SqFt
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 16480
Square Footage 16,480 sqft
Price per Sqft $241
Subdivision City Of Vernon
MLS® Listing ID 10390434
Year Built 1976
Lot Size 0.760 Acres
Acres 0.76
Property Sub-Type Freehold
Property Description
*Prime Okanagan Multi-Tenant Industrial Asset* There is a heavy demand for commercial properties in the Okanagan and this property offers immediate strong income with huge expansion potential. The main warehouse unit plus rear lot totals 0.76 acres with over 16,500 SF of building area and the property features a mix of office, showroom, workshop, residential and warehouse space with existing tenancies. Zoned INDL – Light Industrial with excellent access and potential to further demise the space into multiple industrial bays. (Plans to add 6 more bays available upon request) and potential to develop the back lot (4701 Okanagan Avenue). Current Tenancies: Lease #1: Shop – 1,859 SF (shop space + caretaker suite). Lease #2 (no photos included - available to view): Shop – 3,187 SF building + yard space. Lease #3: Browns Transport (Owner) – 8,500 SF inside the building + back lot (lease can be structured to suit buyer needs). Large open warehouse with 16 ft clear height overhead door + offices. Lease #4: Cafe – 1,115 SF combined office space + kitchen (downstairs + upstairs). *Full lease details available upon request. This property is ideal for an owner-occupier or investor seeking a well-leased industrial asset with income in place. Virtual tour, full lease summaries, floor plans and information package available upon request. *Showing's by appointment only*. Please contact your Agent or the Listing Agent for more information or to schedule a viewing. (id:24570)
Location
Province BC
Rooms
Kitchen 0.0
Interior
Heating , Forced air, See remarks
Cooling Central air conditioning
Exterior
Parking Features No
Fence Fence
View Y/N No
Roof Type Unknown
Attached Garage No
Garage No
Private Pool No
Building
Lot Description Level
Sewer Municipal sewage system
Others
Ownership Freehold
Nearby Locations

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