3100 30 Avenue

15,000 sqft

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:67517)

• Property Details

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

• Building

  ConstructedDate	1995
  CoolingType	Heat Pump
  ExteriorFinish	Brick, Stucco
  FireProtection	Sprinkler System-fire
  HeatingType	Other
  RoofMaterial	Other
  RoofStyle	Unknown
  SizeInterior	15,000 Sqft
  Type	Residential Commercial Mix
  UtilityWater	Municipal Water

  Additional Parking

• Land

  Acreage	No
  CurrentUse	Mixed Use
  Sewer	Municipal Sewage System
  SizeIrregular	0.23
  SizeTotal	0.23 Ac|under 1 Acre
  SizeTotalText	0.23 Ac|under 1 Acre

• Rooms
• Utilities