Prime investment opportunity in downtown Vernon. 3315 30th Avenue is situated in the bustling heart of downtown Vernon. This two-storey mixed-use building, encompassing a total of 14,438 SF, offers a mix of passive and active income streams, making it an ideal addition to any investment portfolio. Property Highlights: Vibrant Second-Floor Business: Home to the Vernon Hostel, a well-established 30-bed hostel with a manager's suite, offering steady income. Ground-Floor Tenant: Occupied by Kawakubo Restaurant, a long-term tenant known for its stability. Emerging Revenue Stream: A 1,200 SF space for a Cannabis Dispensary (Cannabis Retail License #450426) and an extra 3,070 SF of rentable basement space, providing further revenue opportunities. Freight Elevator: Facilitates easy transport of goods, improving operational efficiency. Financing: Up to 50% Vendor Take-Back (VTB) financing available. Situated in downtown Vernon, this property enjoys a prime location in a vibrant commercial district, surrounded by amenities and high foot traffic. The strategic positioning ensures excellent visibility and accessibility, making it attractive for current and potential tenants. Vernon is known for its thriving community and dynamic business environment, providing a supportive backdrop for commercial success. (id:43014)
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA" MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, “screen scraping”, “database scraping”, and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
Multiple Listing Service (MLS) trademark® The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. ©2017 The Canadian Real Estate Association. All rights reserved. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.
