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$ 1,999,000

2800 29 Street, Vernon, BC, V1T 9P9

Listing ID# 10132182
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$ 1,999,000

  • 2800 29 Street
    Vernon, BC V1T 9P9
  • Listing ID 10132182
  • Building type: Commercial
  • Stories: 2
  • Land size: 0.198
  • Status: For Sale/Active
  • Days on Market: 132
  • Tax Year: 2016
  • Taxes: $26,446.00
  • Age of Building: 1995
  • Heating: Rooftop H.V.A.C.
  • Utilities: Sewer: Sewer
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Property Description

Investment Property. Downtown Vernon. Office/ Retail Building with Strong, Long Term National Tenant. 5 year Lease term April 1, 2017 to March 31, 2022 with Annual Base rent of $145,641.00. There is upside for income with approximately 2789 sq. ft of vacant space for lease. Potential Annual Net Income of $184,641.00 at Full Lease UP. Substantially renovated. New Roof in 2012, New Boiler in 2014, New Hot water tank in 2015. Plus Substantial Tenant Improvements.




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