3315 30 Avenue, Vernon

2024-04-25
 

Quick Summary

Location
3315 30 Avenue, Vernon, British Columbia V1T2C9
Price
$2,498,888 CAD
Status:
For Sale
Property Type:
Other
Area:
14438ft2
Brochure Link:
Photo Link:

MLS®#10310982

Property Description

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:32467)

Property Features

Building

  • Fireplace: No
  • Interior Size: 14438 sqft
  • Building Type: Residential Commercial Mix

Features

  • Feature: Elevator

Land

  • Land Size: 0.11 ac|under 1 acre

Information entered by Business Finders Canada
Listing information last updated on: 2024-05-23 20:41:45


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.

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What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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We charge a total of $9,950 for properties under $900,000. For properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.

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Yes, and yes.


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Dr. Darko Pibrovec, Ph.d REALTOR®

Phone:
778 805 4043
Email:
synergyman51@gmail.com
Support Area:
Lake Country, Winfield, Kelowna, Vernon

I am a former 20 year special education specialist with a solution focused approach to max ...

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