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3002 34th Street, Vernon

Property Description

This property represents an exceptional investment opportunity in a growing market. Downtown Vernon is experiencing robust economic development, making this a prime location for continued tenant success and appreciation in property value. The diverse tenant base not only ensures a steady cash flow but also mitigates potential risks associated with vacancies. 9 units that are 100% occupied, with varying terms of lease remaining. Dedicated 20 parking spots at the west end, and a back alley for deliveries. Shoppers Drug Mart, Dollarama , and Fresh Co all within a blocks radius. Potential for future growth to build up with new Zoning changes. (id:43014)

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Full Address:
3002 34th Street, Vernon, British Columbia
Price:
$ 2,490,000
MLS Number:
10321442
List Date:
August 15th, 2024
Neighbourhood:
City of Vernon
Lot Size:
0.46 ac
Year Built:
1973
Taxes:
$ 31,541

Property Details

Heating:
Forced air, Other

Interior Features

Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Other, Unknown
Zoning:
Unknown
Exterior:
Concrete Block
Garage:
See Remarks
Garage Spaces:
20
Taxes:
$ 31,541

Building Features

Floors

Lot Size:
0.46 ac

Land

Neighbourhood Features

Ratings

Commercial Info

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Agent: Graeme MageeOffice: Coldwell Banker Executives Realty

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This property represents an exceptional investment opportunity in a growing market. Downtown Vernon is experiencing robust economic development, making this a prime location for continued tenant success and appreciation in property value. The diverse tenant base not only ensures a steady cash flow but also mitigates potential risks associated with vacancies. 9 units that are […]
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3002 34th Street, Vernon

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Vernon

Nestled in the picturesque North Okanagan region, Vernon offers a unique blend of natural beauty, recreational opportunities, and a vibrant community spirit. Its proximity to Kelowna International Airport, just a short 30-minute drive, makes it a convenient location for frequent travelers and visitors alike.

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