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4223 25A Avenue, Vernon

Property Description

4223 25A Avenue presents the opportunity to purchase or lease a multi-tenanted building with long-term tenancies in place. Priced below replacement value and with just over 60% of the building occupied, this is a rare value-add opportunity for both owner occupiers and real estate investors alike. The property is comprised of 4 individual units totalling 19,095 SF on a 25,544.75 SF lot with 1 dock and 7-grade level loading doors, 16' clear ceiling height, newly restored warehouse space and a recently upgraded power supply to 600v 800 amp 3 phase power (new pad mount and step down transformers in each unit). (id:43014)

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Full Address:
4223 25A Avenue, Vernon, British Columbia
Price:
$ 3,100,000
MLS Number:
10317970
List Date:
June 25th, 2024
Neighbourhood:
City of Vernon
Lot Size:
0.59 ac
Year Built:
1979
Taxes:
$ 40,265

Property Details

Interior Features

Zoning:
Unknown
Taxes:
$ 40,265

Building Features

Finished Area:
19095 sq.ft.

Floors

Lot Size:
0.59 ac
Current Use:
Industrial

Land

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Agent: Steve LaursenOffice: Royal LePage Kelowna

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4223 25A Avenue presents the opportunity to purchase or lease a multi-tenanted building with long-term tenancies in place. Priced below replacement value and with just over 60% of the building occupied, this is a rare value-add opportunity for both owner occupiers and real estate investors alike. The property is comprised of 4 individual units totalling […]
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4223 25A Avenue, 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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