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219 Vermillion Avenue, Princeton
2025-10-29
Quick Summary
- Location
- 219 Vermillion Avenue, Princeton, British Columbia V0X1W0
- Price
- $2,360,000
- Status:
- For Sale
- Property Type:
- Other
- Area:
- 17132 sqft
- Year of Construction:
- 1961
MLS®#10367051
Property Description
Opportunity to obtain an extensively renovated multi-tenanted mixed-use investment property, featuring Commercial on the Main Floor and 10 Residential units above. Constructed circa 1960s and extensively upgraded in the last 5 years. The main floor retail unit totals approximately 9,577 sq. ft. and is fully leased to Fields Store under a new 5-year term effective November 2024. The second-floor residential units were upgraded in 2021. Situated on an approx. 13,024 sq. ft. C2-Central Business zoned lot. Offered at an attractive CAP rate of 7.02% on the asking price, with a solid tenant mix, makes this a smart investment for the future. (id:32467)
Property Features
Building
- Exterior Finish: Wood
- Fireplace: No
- Interior Size: 17132 sqft
- Building Type: Residential Commercial Mix
Land
- Land Size: 0.3 ac|under 1 acre
Ownership
- Type: Freehold
Information entered by RE/MAX Bob Plowright Realty
Listing information last updated on: 2025-11-12 19:23:44
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How much could you save in commission selling with One Percent Realty?
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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.
One Percent Realty's top FAQs
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.
Yes, and yes.
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