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3607 31 Street, Vernon
2025-11-21
Quick Summary
- Location
- 3607 31 Street, Vernon, British Columbia V1T5J4
- Price
- $1,498,000
- Status:
- For Sale
- Property Type:
- Office
- Area:
- 9362 sqft
- Year of Construction:
- 1995
MLS®#10368772
Property Description
Fully Leased Commercial building in prime Vernon location with 6000 SF of leasable space. This hard to find investment property presents a rare opportunity for investors seeking a stable, income-producing asset. With its strategic placement between Vernon's two busiest streets (27th Street and Highway 97) guarantees high traffic exposure, strong demographics, and excellent connectivity to surrounding neighborhoods. The building is well maintained and three of the four tenants have done recent renovations to modernize their units. There is convenient on site parking for both tenants and customers to the building. Beyond its current performance, the property offers significant long-term upside - the Official Community Plan designates the site for Mixed Use High Density Commercial and Residential, making it an ideal candidate for future redevelopment and value appreciation. NOTE: There is an accepted offer on this property with Subject Removal February 20. The owner would consider backup offers from qualified purchasers, however, there will be no showings during this time. (id:32467)
Property Features
Building
- Cooling Type: Central air conditioning
- Fireplace: No
- Interior Size: 9362 sqft
- Building Type: Offices
Features
- Feature: Wheelchair access
Land
- Land Size: 0.29 ac|under 1 acre
Information entered by Royal LePage Downtown Realty
Listing information last updated on: 2025-11-24 15:59:35
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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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