3100 30 Avenue Vernon, British Columbia V1T 2C2

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Interested?

Contact us for more information


15,000 sqft

Heat Pump Other

$4,179,000

Fully leased, income-producing investment opportunity in the heart of downtown Vernon. This well-maintained three-storey office building is fully occupied by five established tenants, providing immediate, stable cash flow with an approximate 5.25% cap rate based on the current asking price and existing rental income. Offering approximately 13,778 rentable square feet, elevator service, and exceptional corner exposure, this is a turnkey commercial asset in one of Vernon's most sought-after downtown locations. A rare second parcel with 20 owned parking stalls provides outstanding value, additional income potential, and future redevelopment flexibility. With zoning that supports redevelopment of up to 16 storeys, this property offers both reliable income today and significant long-term upside. Surrounded by professional offices, restaurants, shopping, government services, and everyday amenities, this is an exceptional opportunity to acquire a premium investment property in Vernon's downtown core. (id:64133)


  • Property Details

    MLS® Number 10393107
    Property Type Other
    Neigbourhood City of Vernon
    Features Elevator
    ParkingSpaceTotal 20
  • Building

    Constructed Date 1995
    Cooling Type Heat Pump
    Exterior Finish Brick, Stucco
    Fire Protection Sprinkler System-fire
    Heating Type Other
    Roof Material Other
    Roof Style Unknown
    Size Interior 15,000 Sqft
    Type Residential Commercial Mix
    Utility Water Municipal Water

    Parking

    Additional Parking
  • Land

    Acreage No
    Current Use Mixed Use
    Sewer Municipal Sewage System
    Size Irregular 0.23
    Size Total 0.23 Ac|under 1 Acre
    Size Total Text 0.23 Ac|under 1 Acre

Mark Gidden
Realtor/Founder

Lloyd Taverner
Realtor/Senior Partner

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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.