1961 Vernon Street Lumby, British Columbia V0E 2G0

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1,300 ft²

Forced Air

$730,000

Live for Free in the Heart of Lumby! Discover an incredible investment opportunity with this 5-unit complex located in the vibrant heart of Lumby, North Okanagan. This commercially zoned property features 3 residential units and 2 commercial spaces. The current rental income is substantial enough to cover the mortgage, allowing the future owner to live in one of the suites for free. Each unit has been recently renovated, and major updates such as the furnace, hot water tank and exterior siding have been completed in recent years. This iconic and enduring building sits on a massive lot with commercial zoning, offering a variety of development options. Lots of Hwy traffic flow with plenty of extra parking in the back as well on street parking for additional customer parking if needed. Owner financing is available for the right buyer. Don't miss out on this unique opportunity to own a piece of Lumby's history while securing a profitable investment. (id:64133)

Property Details

MLS® Number	10364385
Property Type	Other
Neigbourhood	Lumby Valley
ParkingSpaceTotal	8

Building

Constructed Date	1901
Heating Type	Forced Air
Roof Material	Metal
Roof Style	Unknown
Size Interior	1,300 Ft²
Type	Residential Commercial Mix
Utility Water	Municipal Water

Parking

Rear

Land

Acreage	No
Current Use	Mixed Use
Sewer	Municipal Sewage System
Size Irregular	0.21
Size Total	0.21 Ac\|under 1 Acre
Size Total Text	0.21 Ac\|under 1 Acre

Aerial

Mark Gidden
Realtor/Founder

Lloyd Taverner
Realtor/Senior Partner

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Last Updated
November 12 2025 07:33:31

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TESTIMONIALS

Our Valued Clients

Ashley Harvey

Mark and his team helped us find our forever home, and we are so grateful for his experience and expertise. Mark was so patient while our infant cried while we hunted for the perfect house. We will use Mark and his team for years to come.
Jen Platman

Lloyd was the best realtor we’ve ever worked with. He understands people and takes the time to listen. He was extremely helpful and made the process stress-free and seamless. Lloyd goes above and beyond for his clients and it shows. He truly enjoys what he does, he’s honest and makes you feel at ease. Our new home is our castle and Lloyd did everything to help us get there. This guy is real gem!
Tom S

Mark helped us look for, negotiate, and purchase our family home. He was diligent, extremely professional and has an unsurpassed knowledge of the Kelowna and wider Okanagan areas. His name is mentioned anytime we have a friend looking to buy or sell their home. Many thanks Mark.