Amazing potential for income production and growth! Great location, farm on ALR land just past Hillview Golf course at the eastern boundary of the City of Vernon. Current owner leases out the 2 residential homes, plus Commercial Buildings for the Nursery Business, on 12.88 acres of land (total on 2 titled parcel). The long-term tenant PRT (Pacific Regeneration Technologies Inc.)a forest seedling nursery, has leased the land and buildings since 2005 and has an ongoing lease in place till 2027, also has first right of refusal on any sale. The property currently brings in approx. $120,000 per year of gross income and has low expenses. Property taxes for both parcels are approx. $3,260 per year. ( More details available with signed NDA). Please call listing agent for showings, one week notice preferred. Buyer's agent must be present for showings or co-op commission will be reduced by 25%. (id:59282)
MLS® Number | 10325261 |
Property Type | Agriculture |
Neigbourhood | Mun of Coldstream |
CommunityFeatures | Rural Setting, Pets Allowed, Rentals Allowed |
FarmType | Unknown |
Features | Irregular Lot Size |
ParkingSpaceTotal | 7 |
PoolType | Inground Pool, Outdoor Pool, Pool |
RightType | Water Rights |
ViewType | Mountain View, Valley View |
BathroomTotal | 2 |
BedroomsTotal | 5 |
Appliances | Refrigerator, Dishwasher, Range - Gas, Washer & Dryer |
ArchitecturalStyle | Ranch |
BasementType | Full |
ConstructedDate | 1959 |
CoolingType | Central Air Conditioning |
ExteriorFinish | Stucco |
FireProtection | Smoke Detector Only |
FireplacePresent | Yes |
FireplaceType | Insert |
FlooringType | Carpeted, Hardwood, Tile |
HalfBathTotal | 1 |
HeatingType | Forced Air, See Remarks |
RoofMaterial | Asphalt Shingle |
RoofStyle | Unknown |
StoriesTotal | 1 |
SizeInterior | 2316 Sqft |
Type | Other |
UtilityWater | Government Managed |
See Remarks | |
Detached Garage | 2 |
AccessType | Highway Access |
Acreage | Yes |
Sewer | Septic Tank |
SizeIrregular | 12.88 |
SizeTotal | 12.88 Ac|10 - 50 Acres |
SizeTotalText | 12.88 Ac|10 - 50 Acres |
ZoningType | Agricultural |
Level | Type | Length | Width | Dimensions |
---|---|---|---|---|
Basement | Storage | 5'11'' x 6'2'' | ||
Basement | Laundry Room | 18'5'' x 11'1'' | ||
Basement | Bedroom | 12' x 13'10'' | ||
Basement | Bedroom | 14'2'' x 10'3'' | ||
Basement | Bedroom | 18'6'' x 14'6'' | ||
Main Level | 2pc Ensuite Bath | 2'9'' x 7'0'' | ||
Main Level | Bedroom | 12'1'' x 13'11'' | ||
Main Level | Full Bathroom | 9'2'' x 9'6'' | ||
Main Level | Primary Bedroom | 12'6'' x 11'8'' | ||
Main Level | Foyer | 5'11'' x 9'4'' | ||
Main Level | Kitchen | 14'8'' x 12'6'' | ||
Main Level | Living Room | 24'10'' x 15'3'' |
Natural Gas | Available |
Telephone | Available |
Sewer | Available |
Water | Available |